{"id":727,"date":"2026-06-26T13:41:56","date_gmt":"2026-06-26T13:41:56","guid":{"rendered":"https:\/\/interstatemovingexpertss.com\/?p=727"},"modified":"2026-06-26T13:41:56","modified_gmt":"2026-06-26T13:41:56","slug":"ex-apollo-ceo-leon-black-says-jeffrey-epstein-duped-him-out-of-more-than-60-million-2","status":"publish","type":"post","link":"https:\/\/interstatemovingexpertss.com\/?p=727","title":{"rendered":"Ex-Apollo CEO Leon Black says Jeffrey Epstein duped him out of more than $60 million"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<p>In this article<\/p>\n<\/div>\n<ul>\n<li><span>APO&#8217;A<\/span><span><button><\/button><\/span><\/li>\n<\/ul>\n<\/div>\n<div><button><span><span>Follow your favorite stocks<\/span><span>CREATE FREE ACCOUNT<\/span><\/span><\/button><\/div>\n<\/div>\n<div>\n<p>Former <span>Apollo Global Management<span><span><button><\/button><\/span><\/span><\/span> CEO Leon Black, in prepared testimony for a House committee on Friday, said notorious sex offender Jeffrey Epstein duped him out of more than $60 million in financial advisory fees by falsely claiming that they were tax-deductible.<\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=726\">The brands winning with World Cup advertising may not be the sponsors<\/a><\/p>\n<p>Black says he had no involvement in Epstein&#8217;s sex-trafficking operation and did not pay him for access to women.<\/p>\n<p>He said that he was misled by Epstein&#8217;s Jekyll-and-Hyde personality in a prepared opening statement, which was shared with CNBC.<\/p>\n<p>Black is set to be interviewed later Friday morning by the House Oversight and Government Reform Committee, which has been investigating Epstein&#8217;s ties to many wealthy and influential individuals.<\/p>\n<p>&#8220;I come here today voluntarily to set the record straight about my relationship with Jeffrey Epstein and, in particular, why I paid him the money I did,&#8221; Black says in his prepared statement.<\/p>\n<p>&#8220;Let me state unequivocally that I have never abused a woman,&#8221; Black says.<\/p>\n<p>&#8220;I have never been with an underage woman. I have never engaged in sex trafficking. I have never paid Epstein for access to women,&#8221; he says. &#8220;I was never blackmailed by Epstein. I was not involved with, and had no knowledge of, any of Epstein&#8217;s heinous conduct.&#8221;<\/p>\n<p>&#8220;I knew Jekyll. I didn&#8217;t know Hyde,&#8221; Black says.<\/p>\n<p>In his statement, he leans on the 2021 findings in the so-called Dechert report , named after the law firm that was retained to examine how much he had paid Epstein for financial advice, the work that Epstein did, and whether he knew about Epstein&#8217;s conduct before his 2019 arrest on federal child sex trafficking charges.<\/p>\n<p>&#8220;The Dechert report concluded that I had paid Epstein $158 million,&#8221; Black says, according to the prepared remarks.<\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=724\">Ex-Apollo CEO Leon Black says Jeffrey Epstein duped him out of more than $60 million<\/a><\/p>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<h2>Read more CNBC politics coverage<\/h2>\n<div>\n<ul>\n<li>Sens. Warren, Kelly press Trump administration on effects of tariffs on manufacturing<\/li>\n<li>Five things to watch in Tuesday&#8217;s primary elections in New York, Maryland, Utah<\/li>\n<li>Ro Khanna challenges Elon Musk to televised debate after online DOGE battle<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<p>&#8220;And Dechert examined the services Epstein rendered and determined that Epstein performed highly valuable and legitimate tax and estate planning services for my family office; that the tax work was responsible for billions of dollars in savings, and that all of Epstein&#8217;s work had been vetted by reputable law and accounting firms.&#8221;<\/p>\n<p>Black said that Epstein had told him that the fees he was paying him &#8220;were tax-deductible, &#8217;60-cent dollars&#8217;, which I only learned years later was not true.&#8217;<\/p>\n<p>&#8216;I.e. what I believed to be $95 million of net fees paid to him over five years was actually $158 million,&#8221; Black says. &#8220;But, at the time I was led to believe by Epstein that I was paying &#8217;60 cent dollars.&#8217; That assurance was false.&#8221;<\/p>\n<p>Black says he met Epstein in the mid-1990s when Epstein was on the board of Rockefeller University.<\/p>\n<p>&#8220;His network included respected luminaries such as David Rockefeller; Ehud Barak, Larry Summers; George Mitchell, Bill Richardson, and Ace Greenberg,&#8221; Black says.<\/p>\n<p>He said he knew Epstein for 18 years &#8220;before I paid him a dime.&#8221;<\/p>\n<p>Black says he began paying Epstein in 2013 for &#8220;his bona fide advice&#8221; on tax, insurance, and trusts and estates matters, subjects that he said Epstein possessed &#8220;remarkable acumen&#8221; about.<\/p>\n<p>&#8220;With the benefit of hindsight, I now know, as does the world, that Epstein was engaged in horrific, sordid activities,&#8221; Black says. <\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=722\">UN nuclear watchdog says it has access to Iran\u2019s nuclear sites after interim peace deal<\/a><\/p>\n<p>&#8220;I feel terrible for Epstein&#8217;s victims.&#8221;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;I knew Jekyll. I didn&#8217;t know Hyde,&#8221; Leon Black says about Jeffrey Epstein in his prepared statement to the House Oversight and Government Reform Committee.<\/p>\n","protected":false},"author":1,"featured_media":723,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ex-Apollo CEO Leon Black says Jeffrey Epstein duped him out of more than $60 million - Interstate Moving Experts<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/interstatemovingexpertss.com\/?p=727\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ex-Apollo CEO Leon Black says Jeffrey Epstein duped him out of more than $60 million - Interstate Moving Experts\" \/>\n<meta property=\"og:description\" content=\"&quot;I knew Jekyll. 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