Connect with us

Oregon

Oregon Sen. Wyden reacts after billionaire Leon Black explains Epstein ties to Congress, says “he was not a tax lawyer or accountant”

Published

on

Oregon – Sen. Ron Wyden is challenging billionaire Leon Black’s explanation of his relationship with Jeffrey Epstein, saying investigators found problems with the financial advice Epstein provided and questioning Black’s reliance on Epstein for financial matters.

“Two issues with this,” Wyden said. “First, Black’s own attorneys told my investigators that Epstein’s advice was shoddy at best and often needed double checking.”

“Epstein was not a tax lawyer or accountant,” Wyden added.

The comments came after Black appeared before Congress and denied involvement in Epstein’s sex-trafficking crimes, saying he was deceived by Epstein, whom he hired as a financial adviser. According to prepared remarks reported by The Wall Street Journal, Black said he never participated in Epstein’s crimes and claimed he was misled about Epstein’s actions, WSJ reported.

Black, the co-founder of Apollo Global Management, has faced scrutiny over his financial relationship with Epstein, including millions of dollars paid to Epstein for tax and estate planning services. Black has said the payments were for legitimate advice and that he was unaware of Epstein’s criminal conduct.

The House Oversight Committee has been investigating Epstein’s network and relationships with wealthy and influential individuals. During Black’s appearance before the committee, lawmakers questioned him about his ties to Epstein, including issues involving nondisclosure agreements. The committee later issued subpoenas seeking additional information and requiring further testimony.

Wyden, who has led a Senate Finance Committee investigation into Epstein’s financial activities, has previously raised concerns about Epstein’s role as a financial adviser despite not being a licensed tax attorney or accountant. Wyden’s investigation has examined how Epstein obtained wealthy clients and provided financial services despite questions surrounding his qualifications, according to Reuters.

Black has maintained that his relationship with Epstein was limited to financial services and has denied any involvement in Epstein’s crimes. In prepared testimony, Black said he did not abuse women, did not pay Epstein for access to women, and did not know about Epstein’s criminal activities before Epstein’s 2019 arrest.

The controversy has continued as lawmakers examine the broader network surrounding Epstein, who was a convicted sex offender before his death in 2019. Congressional investigators have been seeking information from individuals connected to Epstein as part of efforts to understand how his relationships with powerful figures developed.

Wyden’s latest comments focus on the financial side of Epstein’s activities, specifically questioning how Epstein was able to provide high-level financial advice and receive large payments despite concerns about his professional background.

Black has argued that he was another person deceived by Epstein and has rejected claims that his financial relationship with Epstein involved any criminal conduct. The ongoing congressional review continues as lawmakers seek additional documents and testimony related to Epstein’s business dealings and personal connections.

You may also like…

Eugene16 hours ago

Oregon Sen. Wyden warns over Trump administration plan for migrant children, says HHS lawyers could represent kids facing deportation while working for the same government seeking to remove them

Oregon – Oregon Sen. Wyden urges Trump administration to reverse plan for HHS attorneys to represent unaccompanied migrant children, warning...

Eugene16 hours ago

Gov. Kotek warns Oregonians their ballots could be delayed this November as she urges them to make sure their signatures are correct before mailing them

Oregon – Oregon Gov. Tina Kotek is urging voters to make sure their mail-in ballots are signed clearly before returning...

Eugene16 hours ago

Large rural home destroyed in overnight fire near Eugene as firefighters battle flames for four hours

Eugene, OR – A large, two-story home was fully engulfed in flames when firefighters arrived at a rural property in...

Eugene16 hours ago

Eugene police investigate theft of elderly woman’s dog after group returns to take border collie while she was sleeping

Eugene, OR – The Eugene Police Department is investigating the theft of a companion animal after a 73-year-old woman reported...

Eugene16 hours ago

Eugene man arrested on kidnapping warrant after refusing to stop for police and driving toward Walmart entrance during pursuit

Eugene, OR – The Eugene Police Department arrested a man wanted on a felony kidnapping warrant after he allegedly refused...

Eugene16 hours ago

Eugene police cite driver and pedestrian after crash on West 11th Avenue leaves man hospitalized with non-life-threatening injuries

Eugene, OR – The Eugene Police Department cited both a driver and a pedestrian following a vehicle-versus-pedestrian crash early Tuesday...

Oregon4 days ago

“No company should be able to target you using your personal data,” Oregon Sen. Wyden urges Congress to pass his bill banning surveillance ads and targeted advertising by chatbots

Oregon – “No company should be able to target you using your personal data, including the sensitive data people share...

Eugene4 days ago

Oregon Sen. Merkley warns “we can’t sleepwalk into a decision this consequential” as Senate gets chance to act “before it’s too late” over Trump’s Saudi nuclear deal that could trigger arms race

Oregon – “I refuse to let the U.S. sleepwalk into a dangerous nuclear deal with Saudi Arabia. The law gives...

Eugene4 days ago

Eugene considers new micro village housing rules to expand affordable housing options as City Council schedules public hearing

Eugene, OR – The City of Eugene is considering a new type of housing development that would allow small residential...

Eugene4 days ago

Eugene Springfield Fire thanks local businesses for helping families learn about battery safety and proper disposal

Eugene, OR – Eugene Springfield Fire is thanking Jerry’s Home Improvement and Waste Wise Lane County for helping share battery...

Eugene4 days ago

44-year-old man arrested after allegedly striking contractor in the head with skateboard and attacking another with wooden stick

Eugene, OR – A 44-year-old man was arrested after a contractor was struck in the head with a skateboard and...

Trending