Mastodawn

yahoo news | Watch Epstein 'Wasting My Time' From The Grave, Says Apollo's Rowan - Bloomberg

Apollo Global Management chief executive Marc Rowan told Bloomberg that his only interaction with the late Jeffrey Epstein was in his capacity as a tax adviser to Leon Black, the firm’s co‑founder. Rowan said Epstein’s comment that he was “wasting my time” from beyond the grave was directed at him, not at the firm.

Rowan clarified that he never engaged in any business dealings with Epstein. The discussion centered on the tax issues surrounding Black’s personal affairs, and Rowan’s role was limited to providing tax advice at the request of Black’s legal and financial teams.

In a follow‑up interview with Bloomberg Invest on March 3, Rowan reiterated that Apollo conducted no transactions or partnerships with the convicted sex offender. He emphasized that the firm’s operations remain entirely separate from Epstein’s criminal activities, underscoring that Apollo’s business decisions are driven solely by its own investment strategies and compliance standards.

#apolloglobalmanagement #marcrowan #jeffreyepstein #leonblack #taxadviser

TheBadPlace 4h ago

yahoo news | Apollo’s Pest: How Epstein Courted All Three Billionaire Founders

Jeffrey Epstein was the catalyst for the most dramatic leadership change in Apollo Global Management’s history. Five years ago the late financier’s connections to founder Leon Black prompted a bruising scandal that forced Black to relinquish control of the private‑markets powerhouse to fellow billionaires Marc Rowan and Josh Harris. At the time Apollo tried to reassure investors, publishing an external law‑firm review that claimed a thorough examination of 60,000 documents and staff interviews found “no evidence” that Epstein had any relationship with the firm.

Newly released Justice Department files paint a very different picture. The trove of communications, meeting notes and financial records shows Epstein actively pursued each of Apollo’s three founding partners, seeking introductions, investment opportunities and personal favor. Prosecutors say the documents reveal a systematic effort by Epstein to embed himself in the firm’s top‑rung circles, an effort that continued long after his 2019 arrest and that ultimately contributed to the board’s decision to remove Black from the helm.

Apollo’s earlier attempt to quell the controversy now sits under fresh scrutiny. While the firm cited the independent report as proof of no substantive ties, the DOJ materials suggest the investigation was far more extensive than originally disclosed. The revelations have reignited questions about the depth of Epstein’s influence, the adequacy of Apollo’s internal controls, and what lingering reputational risk the firm may still face as it moves forward without its founding trio at the center of the saga.

#jeffreyepstein #leonblack #apolloglobalmanagement #justicedepartment #epstein

TheBadPlace 6h ago

yahoo news | How Jeffrey Epstein helped solve a billionaire’s problems with women - The Bosto...

In October 2017 a yoga instructor who had been paid tens of thousands of dollars by billionaire Leon Black wrote to Jeffrey Epstein asking when she would finally receive the money promised by Black. Epstein confirmed that he would now wire the payment, a shift that marked the beginning of a deeper financial partnership between the two men. From 2012 onward Black paid Epstein roughly $170 million for tax‑ and estate‑planning services that far exceeded typical fees, while Epstein also helped Black conceal millions paid to women—some of whom were his sexual partners—by structuring gifts, trusts and charitable donations to evade taxes and audit scrutiny. Emails released by the Justice Department show Epstein brainstorming ways to hide the payments, defuse a government audit, and even intimidate women threatening to expose Black’s behavior.

Congressional investigators and the House Oversight Committee have focused on whether Black’s payments to Epstein were “hush‑money” rather than legitimate advisory fees. Senator Ron Wyden has argued that the scale of the payments and the involvement of Epstein in arranging non‑public settlements, such as the $62 million paid to the U.S. Virgin Islands, point to an attempt to hide illicit transfers. Black’s lawyers contend that Epstein exaggerated his role and that Black was unaware of any sex‑trafficking activities, but the released documents—including Black’s own financial records—show Epstein acting as a fixer who devised strategies to label large transfers as gifts, direct funds through trusts, and use a charitable foundation to mask donor identities.

The relationship eventually soured. In 2017 Epstein complained that he had not received the gratitude or compensation he felt owed, and a dispute over a rumor that Black used cocaine led to a heated “ugly meeting.” Despite the tension, the two continued to work together until Epstein’s 2019 arrest. Black later downplayed the connection, describing Epstein’s services in vague terms, while ongoing investigations by the IRS, congressional committees, and the Manhattan district attorney continue to examine the tax‑avoidance schemes, undisclosed payments to women, and the broader ethical and possibly illegal dimensions of their partnership.

#jeffreyepstein #leonblack #justicedepartment #houseoversightcommittee #u.s.virginislands

How Jeffrey Epstein helped solve a billionaire’s problems with women

Leon Black paid Epstein $170 million over six years for what Black has said were tax and estate-planning services. But one lawmaker says "this all comes down to hush money."

The Boston Globe

TheBadPlace 9h ago

yahoo news | OPINION: Did Leon Black really pay Jeffrey Epstein $170 million for 'tax and...

In June 2022 Senate Finance Committee Chairman Ron Wyden (D‑OR) began probing the “suspiciously lucrative” relationship between former Apollo Global Management CEO Leon Black and convicted sex offender Jeffrey Epstein. Black had stepped down from Apollo in March 2021 after controversy over his ties to Epstein, insisting he knew nothing of the criminal’s activities and that Epstein never did business with the firm. Yet Wyden’s request‑for‑information letter highlighted a company‑commissioned investigation that suggested Black may have paid Epstein up to $170 million for tax and estate‑planning advice—well beyond typical CEO compensation and far exceeding fees paid to certified professionals.

Wyden’s inquiry centered on several oddities: the alleged payments ranged from $23 million to $26 million per year for several years, dwarfing the median 2021 Fortune 500 CEO pay of $15.9 million; the compensation appeared far above what is reasonable for estate‑planning services; and many of the agreements were unsigned. One unsigned tranche alone accounted for $56.5 million paid in five installments between 2013 and 2014. Wyden pressed Apollo to preserve all documents related to its internal probe, asking for any backup material that could verify whether Epstein’s “proprietary” tax strategies actually saved Black billions of dollars or were merely unfounded claims.

Although Wyden is now the ranking Democrat rather than the chair of the Finance Committee, he continues to push for transparency, introducing the “Produce Epstein Treasury Records Act” to force the Treasury Department to release bank records and other financial documents to congressional investigators. Wyden’s persistence underscores a broader frustration with Republican blockades and a desire for accountability, arguing that Epstein’s victims deserve justice and that no individual’s wealth should shield them from scrutiny or the consequences of “horrifying sexual abuse and pedophilia.”

#leonblack #jeffreyepstein #senatefinancecommittee #ronwyden #produceepsteintreasuryrecordsact

OPINION: Did Leon Black really pay Jeffrey Epstein $170 million for 'tax and estate planning'?

If some skeptics find the magic tax calculation hard to believe, they might have really raised eyebrows over the discovery that not all of the compensation agreements between Black and Epstein were signed.

The Nevada Independent

shreyasd 1d ago

EFTA02567450 Leon black

i have been invited to the milken confernce with the ny money people . =ould you find it amusing to give them a tour of space x? maybe on the sun=ay before? #leonblack etc.

https://justice.gov/epstein/files/
DataSet%2011/EFTA02567450.pdf

#EpsteinFiles #Epstein #ElonMusk

Voting is Your POWER 5d ago

Leon Black PAID 170 MILLION from a Bank of America account to Epstein purportedly for “tax and estate planning advice.”
#epstein #EpsteinFiles #epsteinclass #leonblack #jeffreyepstein #bankofamerica

https://apnews.com/article/jeffrey-epstein-bank-of-america-settlement-0376d4fb8ef907d521b05cb58fdafd8e

Bank of America settles Epstein victims' lawsuit for an undisclosed amount

Bank of America has tentatively settled a lawsuit claiming it ignored suspicious financial transactions involving Jeffrey Epstein while he was sexually abusing hundreds of girls and women. The proposed settlement was revealed in filings in Manhattan federal court on Monday, the same day billionaire investor Leon Black was originally to be deposed. Terms were not disclosed. Though not a defendant, Black was described as a “critical witness” by a lawyer for Epstein victims. The October lawsuit accused the bank of ignoring “numerous red flags,” including $170 million Black paid to Epstein from a Bank of America account for “tax and estate planning advice.” The bank declined comment.

AP News

Rob Mar 17

Why isn’t the name Leon Black in the news more in regards to Epstein? There seems to be some credible evidence that he paid Epstein to introduce Black to women for abuse.

And is his name purposefully misspelled in this article?

https://www.bbc.com/news/articles/c4gen0xyvy8o

#epstein #leonblack #coverup

Bank of America settles over Epstein claims

The lawsuit had accused the bank of facilitating Epstein's sex trafficking.

Beautiful Downtown Mannheim 🗑️ 🔥Mar 17

Natürlich hängt auch die #DeutscheBank in den Machenschaften von #JeffreyEpstein mit drin:

"In einem vertraulichen Zwischenbericht an den Aufsichtsrat aus dem Jahr 2019, der NDR, WDR und SZ exklusiv vorliegt, findet sich kaum ein Hinweis auf Epsteins Steuertricks oder die hohen Honorare von Black. Man wolle lediglich prüfen, wie sorgfältig diejenigen Kunden überprüft wurden, die Epstein zur Bank mitbrachte. Dazu gehört wohl auch Black. Die Deutsche Bank betonte immer wieder, den Epstein-Skandal transparent aufgearbeitet und vollumfänglich mit den Behörden kooperiert zu haben. ... Die Deutsche Bank wollte einzelne Vorgänge nicht kommentieren, drückte aber nochmals ihr Bedauern darüber aus..."

tagesschau.de/investigativ/ndr-wdr/epstein-geld-100.html

#LeonBlack #AppoloGlobalManagement

Wie Jeffrey Epstein offenbar mit Steuern trickste

Wie kam Jeffrey Epstein an sein Vermögen? Eine Auswertung der veröffentlichten Akten durch <em>WDR</em>, <em>NDR</em> und SZ zeigt: Eine seiner Quellen waren offenbar Steuertricks, die er auch gewinnbringend als Beratungsleistung verkaufte.

tagesschau.de