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January 1, 1991

Billionaire Wexner gave Epstein power of attorney over $1 billion fortune

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Billionaire gave Epstein control of $1 billion fortune for 16 years

Leslie WexnerLeslie Wexner granted Jeffrey EpsteinJeffrey Epstein full power of attorney over his estimated $1 billion fortune on Jul. 1, 1991, allowing Epstein to sign checks, hire employees, buy and sell properties, and otherwise act with complete authority in Wexner name without oversight.

Wexner transferred his 21,000 square foot Manhattan townhouse to Epstein around 1995 for no payment or token sum, later valued at over $50 million when sold after Epstein death in 2021.

Epstein used Victoria Secret corporate connections to approach young models under pretense of legitimate auditions, leveraging Wexner business relationships to provide credibility for recruitment operations.

L Brands executives confirmed Epstein had unusual access to company operations and model recruitment processes, using corporate resources to facilitate contact with young women seeking modeling careers.

Wexner maintained extraordinarily close relationship with Epstein for over 15 years from mid-1980s through 2007, describing him as close personal friend and trusted financial advisor with unprecedented access.

After Epstein 2008 conviction, Wexner severed ties and later claimed discovery of over $60 million misappropriation from his accounts, though this allegation only surfaced publicly in 2019 amid media investigations.

Ohio Attorney General investigated Wexner-Epstein financial relationship in 2019 but found no evidence of criminal conduct by Wexner, though questions remain about oversight failures and institutional enablement.

🔐Ethics🏛️Government💰Economy

What you can do

1

Contact SEC enforcement division demanding investigation of unlimited power of attorney arrangements that bypass corporate governance and shareholder oversight

2

File complaints with Ohio State Attorney General about corporate executives enabling criminal enterprises through business relationship facilitation

3

Support legislation requiring public disclosure when corporate executives grant financial control to individuals with criminal backgrounds or suspicious activities

4

Monitor corporate governance through shareholder advocacy organizations pushing for transparency in executive personal relationships that affect business operations

5

Contact House Energy and Commerce Committee demanding hearings on corporate responsibility when company resources facilitate criminal recruitment

6

Support fiduciary duty reforms requiring board approval for executives granting unlimited financial authority to external advisors or consultants