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Billionaire Leon Black gave even more money to Jeffrey Epstein than we knew, Senate investigators say


Published on 2025-03-12 20:00:57 - Insider
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  • The Apollo Global Management cofounder said he paid Jeffrey Epstein for tax advice. A US Senator investigating the financial transfers is skeptical.

The article from MSN discusses a Senate investigation revealing that billionaire Leon Black paid Jeffrey Epstein over $158 million for financial advice, a sum significantly higher than previously known. This payment was for services rendered between 2012 and 2017, despite Epstein's known criminal activities. The Senate Finance Committee, led by Sen. Ron Wyden, has raised concerns about the nature of these payments, suggesting they might have been used to obscure taxable income or for other questionable purposes. The investigation also highlighted that Black's payments to Epstein were not fully disclosed in his tax filings, prompting further scrutiny into the financial dealings between the two. Additionally, the report criticized the lack of transparency and the potential tax implications of these transactions.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/companies/billionaire-leon-black-gave-even-more-money-to-jeffrey-epstein-than-we-knew-senate-investigators-say/ar-AA1ANkeM ]