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…

Oregon1 day ago

Gov. Kotek says federal court ruling blocking Trump administration’s attempts to interfere with how USPS can deliver ballots is “another important win for Oregon voters”

Oregon – Gov. Tina Kotek praised a federal court ruling temporarily blocking new Trump administration restrictions on Oregon’s vote-by-mail system,...

Oregon1 day ago

Gov. Kotek responds after DOJ sues Oregon over in-state tuition for immigrants lacking legal status, says she will continue to stand up for their opportunity to pursue an education

Oregon – “Young people who grow up in Oregon, go to Oregon schools, and graduate from Oregon high schools are...

Eugene1 day ago

Woman arrested for DUII after Eugene Police find her crashed into tree with more than a dozen nitrous oxide tanks

Eugene, OR – A woman was arrested on multiple charges after Eugene Police responded to a reported vehicle stopped in...

Eugene1 day ago

31-year-old man taken into custody after Eugene Police SWAT evacuates neighborhood during search warrant

Eugene, OR – The Eugene Police SWAT Team took a 31-year-old man into custody early Friday morning after officers evacuated...

Eugene1 day ago

Eugene Police honors fallen Officer Oscar Duley nearly a century after his death

Eugene, OR – The Eugene Police Department honored Officer Oscar Duley, remembering his service and sacrifice nearly a century after...

Eugene1 day ago

Eugene Police releases statement after emergency alert about incident near Elmira Road is sent countywide

Eugene, OR – Lane County residents received an emergency alert related to an active incident Eugene Police were handling near...

Eugene1 day ago

Eugene Springfield Fire crews visit Ya-Po-Ah Terrace to discuss safety after Skinners Butte fire

Eugene, OR – Eugene Springfield Fire personnel recently visited residents at Ya-Po-Ah Terrace following an invitation from the community to...

Oregon6 days ago

“President Trump’s chaotic tariff taxes are hitting Oregon hard,” Gov. Kotek says as latest analysis reveals tariffs are costing the state an estimated $442 million in revenue

Oregon – “President Trump’s chaotic tariff taxes are hitting Oregon hard,” Gov. Tina Kotek said, pointing to new state analysis...

Eugene6 days ago

Eugene man arrested after police encounter involving two juveniles

Eugene, OR – A 68-year-old Eugene man was arrested after police responded to a report involving two juveniles on Aug....

Eugene6 days ago

Eugene police join community at 5th annual Oregon Aloha Festival

Eugene, OR – The Eugene Police Department joined community members at the 5th annual Oregon Aloha Festival held Aug. 21–22...

Eugene6 days ago

Eugene apartment fire sends occupant to hospital for smoke inhalation, firefighters rescue two cats

Eugene, OR – One person and two cats were transported for emergency care following an apartment fire in Eugene on...

Trending