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Leon Black defends $158M payments to Epstein before House committee

Billionaire investor Leon Black testified before the House Oversight Committee regarding US$158 million paid to Jeffrey Epstein. Black stated that Epstein deceived him and that he was unaware of Epstein's illicit activities until 2019. He defended the payments, citing Epstein's influential network, and asserted he committed no criminal wrongdoing. Black, co-founder of Apollo Global Management, stepped down in 2021 due to his association with Epstein. AI

RANK_REASON Testimony before a US Congressional committee regarding significant financial ties to a notorious figure. [lever_c_demoted from significant: ic=1 ai=0.1]

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Leon Black defends $158M payments to Epstein before House committee

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Testimony before a US Congressional committee regarding significant financial ties to a notorious figure. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Associated Press ·

    US billionaire Leon Black defends US$158 million paid to Epstein

    Billionaire investor Leon Black said on Friday that Jeffrey Epstein deceived him during a years-long relationship in which he paid the disgraced financier US$158 million, but insisted he committed no criminal wrongdoing as he appeared before the House Oversight Committee. Black i…