Lion of the Blogosphere

Wexner claims Epstein misappropriated vast sums of money

NY Times says that Les Wexner wrote in a letter that Jeffrey Epstein “misappropriated vast sums of money from me and my family,” that learning about it was “a tremendous shock.”

In the letter, Mr. Wexner explained why he gave Mr. Epstein so much control. He wrote that several friends “vouched for and recommended him as a knowledgeable financial professional.” He added that Mr. Epstein claimed he had many well-known clients.

I find this hard to believe. How did Wexner not notice that Epstein suddenly owned the expensive townhouse mansion on the Upper East Side that used to be Wexner’s? Who are these mysterious “friends” who vouched for Epstein? Everything else we know about the history of Epstein indicates that Wexner was Epstein’s first client. Before Epstein had Wexner as a client, he was telling tall tales about being an international bounty hunter or a Mossad agent or other nonsense.

If Epstein really stole “vast sums of money” from Wexner, why didn’t Wexner complain to the FBI? Or sue him to get his money back?

This story stinks.

* * *

Roger writes in a comment: “Yes, Wexner could not have gotten so rich if he were really that stupid. There must be more to the story.”

Or maybe, being smart has nothing to do with becoming rich, and a lot of rich people are stupid?

Written by Lion of the Blogosphere

August 8, 2019 at 9:20 AM

Posted in Crime, Wealth

18 Responses

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  1. You don’t suppose Wexner was involved in some shady stuff, and that by suing Epstein he’d be exposing himself?

    Nah, couldn’t be. Any friend of Jeffrey Epstein would be honest as the day is long.

    njguy73

    August 8, 2019 at 9:32 AM

  2. Mickey Kaus implied that they were lovers. I agree. This will never “come out.”

    gothamette

    August 8, 2019 at 9:47 AM

    • Wexner’s companies, Victoria’s Secret, Pink (Victoria’s Secret), Bath & Body Works, Henri Bendel, The White Barn Candle Company, and La Senza, seem kind of gay. He didn’t marry until he was 55.

      https://en.m.wikipedia.org/wiki/Les_Wexner

      Rosenmops

      August 8, 2019 at 2:30 PM

      • He married a woman. If he was gay, why not marry a man? It’s not like he worked in an anti-gay industry. Being gay probably would have given him more cred.

        Lion of the Blogosphere

        August 8, 2019 at 2:33 PM

      • None of that is proof of anything. Most “schmata” entrepreneurs have been straight Jews.

        I read the rumor on a gay website that has so far been right about all the dirt. They outed Spacey years ago. Whenever I want the down & dirty truth, I go there.

        gothamette

        August 8, 2019 at 3:30 PM

      • “He married a woman. If he was gay, why not marry a man? It’s not like he worked in an anti-gay industry. Being gay probably would have given him more cred.”

        It still helps to pretend to be straight.

        He married the woman to get legitimate children. Nowadays you don’t even have to touch the woman.

        gothamette

        August 8, 2019 at 3:31 PM

      • The story goes that Epstein took advantage of the branding associated with Wexner’s companies, namely Victoria’s Secret and Pink, so he can lure young girls with modeling opportunities for lingerie, and they were auditioning inside his mansion on the Upper East Side, some of them arriving with school uniforms.

        https://www.theatlantic.com/ideas/archive/2019/08/victorias-secret-epstein/595507/

        Ok, what, who's this again?

        August 8, 2019 at 4:42 PM

      • Being married doesn’t mean someone isn’t a homo. I’ve known men and women who were married for decades who divorced and went public after the children were grown. I’ve always thought marrying someone under false pretenses like that was a nasty thing to do to them.

        destructure

        August 8, 2019 at 6:58 PM

      • Malcolm Forbes was married, had 5 kids, and was gay. After the divorce he was never w/out a boy toy.

        Wexner was gay. I believe that he & Epstein had… ugh, it’s too disgusting to contemplate.

        gothamette

        August 9, 2019 at 6:19 PM

  3. This is Bernie Madoff all over again: the down-side of ethnic networking. The schemes you use to fool others and steal from them get turned on you, but you figure this guy is “one of us” and wouldn’t do that to you when there are so many goyim to fleece.

    “I am embarrassed that, like so many others, I was deceived by Mr. Epstein,” he wrote. “I know now that my trust in him was grossly misplaced, and I deeply regret having ever crossed his path.”

    That’s half baloney sandwich (Wexner didn’t know about the girls? HAH!) and half genuine regret that he fell for this slick, amoral conman.

    peterike

    August 8, 2019 at 10:23 AM

    • Bernie scammed the rich to live a luxuriating lifestyle of a wealthy retiree, while Epstein scammed the rich to pose as a wealthy Playboy with a perpetual supply of fresh blood for sexual fodder.

      Ok, what, who's this again?

      August 8, 2019 at 4:45 PM

  4. Yes, Wexner could not have gotten so rich if he were really that stupid. There must be more to the story.

    Roger

    August 8, 2019 at 11:20 AM

    • I think it’s wrong to overestimate the competence of billionaires. Often they are lucky, picked some good subordinates, have a lot of knowledge about their business, and are obsessive about their business. Doesn’t mean they don’t have huge gaps in knowledge or certain areas where they’re stupid. Massive success of that sort always requires a lot of luck, while tending to create overconfidence, a tendency to attribute that luck to skill.

      See Hitler’s confidence in his own military genius.

      Wency

      August 8, 2019 at 12:14 PM

  5. Never ever trust any financial advisor who makes recommendations of what you should do with your money. These cretins have more of a chance of becoming a multi-millionaire by playing the lotto than making it as a finance guru.

    Wexner is just upset, because Epstein got caught with a crime that was enabled by his money.

    Ok, what, who's this again?

    August 8, 2019 at 12:50 PM

    • Years ago, I had a couple of financial advisers encourage me to do things that were more in their interest than mine. I didn’t go for it. But it inspired me to read everything I could and learn how to invest. I got skunked a couple of times. But after I got a handle on things, I’ve done well. Sometimes I lose a little and sometimes I make a killing. But, overall I’ve done very well. If someone doesn’t have the time or temperament (most people don’t) then they could do a lot worse than a 500 index fund by Vanguard or Fidelity. Whenever I have money that I’m not using for something else that’s where I park it.

      destructure

      August 8, 2019 at 8:11 PM

    • The rumors are that Epstein is an genius currency trader. I have no real grasp of that field so it seems plausible to me Epstein was working wonders. I’ve yet to see anyone eliminate profits on currency trades as a plausible explanation for his success.

      Curle

      August 9, 2019 at 5:15 AM

  6. Please…Please…PLEASE.

    Wexner and Epstein are both in cahoots. They were running black-mail sex trafficking rings and selling children to places like Turkey. The lies told after being caught amount to hill of beans.

    This is the one area that will break the deep state and bring those resources under the control of new, hopefully nationalist, power.

    map

    August 8, 2019 at 11:33 PM

  7. It’s just Wexner getting a bit of daylight between him and Epstein.

    Piscataway

    August 9, 2019 at 2:43 AM


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