Billionaire investor Leon Black is set to testify to Congress about $158M in payments to Epstein
Summary
Billionaire investor Leon Black is testifying before the House Oversight Committee about $158 million he paid to Jeffrey Epstein. Lawmakers are investigating Epstein’s network of influence that may have helped enable his crimes.Key Facts
- Leon Black paid Jeffrey Epstein $158 million between 2012 and 2017.
- The payments were described as for legitimate tax and estate planning services.
- Epstein was convicted in 2008 for soliciting prostitution from a minor.
- Epstein was charged again in 2019 with sex trafficking minors and died in jail awaiting trial.
- Black stepped down as CEO of Apollo Global Management in 2021 due to ties to Epstein.
- Other powerful figures, like Bill Gates, have also testified about connections to Epstein.
- The House Oversight Committee is investigating Epstein’s network and ties to wealthy individuals.
- Republicans on the committee have not pushed for President Donald Trump’s testimony, citing no evidence of wrongdoing.
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