{"id":102025,"date":"2020-10-30T17:20:22","date_gmt":"2020-10-30T14:20:22","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/leon-black-admits-business-ties-to-jeffrey-epstein-despite-denial-last-year\/"},"modified":"2020-10-30T17:20:22","modified_gmt":"2020-10-30T14:20:22","slug":"leon-black-admits-business-ties-to-jeffrey-epstein-despite-denial-last-year","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/leon-black-admits-business-ties-to-jeffrey-epstein-despite-denial-last-year\/","title":{"rendered":"#Leon Black admits business ties to Jeffrey Epstein \u2014 despite denial last year"},"content":{"rendered":"

“#Leon Black admits business ties to Jeffrey Epstein \u2014 despite denial last year<\/strong>”
\n<\/p>\n

\n Leon Black has some more explaining to do.<\/p>\n

The billionaire buyout king said Thursday that he had employed Jeffrey Epstein for \u201cprofessional services\u201d for six years after the sex pervert was convicted of soliciting a minor in 2008 \u2014 despite the fact that a spokesman for Black had insisted last year, following a report by The Post, that Black\u2019s charitable foundation had subsequently severed his ties with Epstein.<\/p>\n

In his most comprehensive account to date, Black admitted that in 2012, three years after Epstein got out of jail following his conviction, \u201cEpstein did provide professional services to my family partnership and related family entities involving estate planning, tax, structuring of art entities and philanthropic advice.\u201d<\/p>\n

Black added that he failed to cut his ties with Epstein because of \u201cmisplaced comfort\u201d in the \u201cdistinguished reputations\u201d of people in high society who continued to mingle with Epstein.<\/p>\n

\u201cHis work extended over a period of six years from 2012 to 2017 and I paid him millions of dollars annually for that work,\u201d Black said on a Thursday earnings call for his giant private-equity firm Apollo Global Management.<\/p>\n

\u201cThis was a terrible mistake. Had I known any of the facts about Epstein\u2019s sickening and repulsive conduct, which I learned in late 2018, more than a year after I stopped working with him, I never would have had anything to do with him,\u201d Black said, refusing to answer any questions.<\/p>\n

Last summer, however, when The Post reported that tax documents for Black\u2019s charity, the Black Family Foundation, had named Epstein as a director for five years following his conviction, reps for Black insisted that Epstein left the charity after his June 2007 indictment, and that his name had lingered on the documents solely because of clerical errors by the charity\u2019s accountant.<\/p>\n

\u201cJeffrey Epstein resigned in July 2007 at the family\u2019s request from the Leon Black Family Foundation and has not been affiliated with or performed any duties for the Foundation since that date,\u201d Black\u2019s reps told Bloomberg News<\/a> following The Post\u2019s July 2019 report.<\/p>\n

\u201cDue to a recording error, Mr. Epstein\u2019s name mistakenly app<\/a>eared on Foundation 990 Forms from 2008-2012, after which the inaccuracy was discovered and corrected.\u201d<\/p>\n

A spokesperson for Black on Thursday declined to comment specifically about the apparent discrepancy, and whether the Black Family Foundation wasn\u2019t part of the \u201cfamily partnership and related family entities\u201d that Black referred to on the Thursday conference call.<\/p>\n

\u201cMr. Black has been transparent about his former business relationship with Jeffrey Epstein. He is not commenting further as the independent review he requested is underway,\u201d the spokesperson said in a statement.<\/p>\n

Apollo is facing increasing investor concern after Black said earlier this month that he regretted payments to Epstein reportedly between $50 million and $75 million over the last decade for what he called \u201cprofessional services.\u201d<\/p>\n

\u201cLet me be clear, there has never been an allegation by anyone that I engaged in any wrongdoing, because I did not. Any suggestion of blackmail or any other connection to Epstein\u2019s reprehensible conduct is categorically untrue,\u201d Black said on the call.<\/p>\n

Nevertheless, it\u2019s hard to swallow Black\u2019s contention that he paid tens of millions of dollars to Epstein \u2014 who was not a lawyer or an accountant \u2014 for services like estate planning and tax advice, said Richard Painter, former President George W. Bush\u2019s chief ethics lawyer.<\/p>\n

\u201cThe story is completely unbelievable,\u201d Painter said. \u201cThere is no rational explanation except there is something going on Black is not disclosing.\u201d\n <\/p><\/div>\n

\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Leon Black admits business ties to Jeffrey Epstein \u2014 despite denial last year” Leon Black has some more explaining to do. The billionaire buyout king said Thursday that he had employed Jeffrey Epstein for \u201cprofessional services\u201d for six years after the sex pervert was convicted of soliciting a minor in 2008 \u2014 despite the fact…<\/p>\n","protected":false},"author":1,"featured_media":102026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/10\/leon-black-2.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[77729,55838,72968,73261],"class_list":["post-102025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-30-20","tag-jeffrey-epstein","tag-leon-black","tag-pedophiles"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/102025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=102025"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/102025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/102026"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=102025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=102025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=102025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}