What do
we know about Les Wexner and Epstein as deposition approaches?
Max
Filby Columbus Dispatch
Story
Summary
Billionaire
Les Wexner is set to be deposed by Congress for his relationship with Jeffrey
Epstein.
Wexner
and Epstein had a long financial relationship, which Wexner said ended in 2007.
Wexner
has not been charged with any crimes in connection to his association with
Epstein.
Members
of Congress are set to depose Ohio retail billionaire Les Wexner on Feb. 18
behind closed doors at his New Albany mansion in Ohio.
Wexner,
88, and the founder of L Brands, will testify about his relationship with
Jeffrey Epstein, his former financial adviser and an accused child sex
trafficker who died in 2019.
While
it's unclear exactly what members of Congress will ask Wexner during the
deposition, much is already known about the the retail mogul's long
relationship with Epstein and how it ended.
Here's
what we know about Wexner, his ties to Epstein and the upcoming deposition.
Why will
Les Wexner be deposed in Ohio instead of on Capitol Hill?
When the
House Committee on Oversight and Government Reform issued a subpoena in January
for Wexner's testimony on Epstein, the committee originally summoned Wexner to
a 10 a.m. meeting on Feb. 18 in the Rayburn House Office Building in
Washington, D.C.
It's
unclear when, but at some point, the deposition was moved from Washington,
D.C., to Wexner's mansion in New Albany. Members of Congress and their staff
will travel to central Ohio for the deposition, a congressional spokesperson
told The Dispatch.
Rep.
James Comer, R-Kentucky, leads the committee deposing Wexner and The Dispatch
reached out to a spokesperson asking why the deposition location was moved, how
many members of Congress would be meeting with Wexner and who was paying for
travel.
A
spokesperson for Comer did not directly answer The Dispatch's questions but
instead provided the following statement.
“The
House Oversight Committee will conduct a deposition with Mr. Wexner on February
18 in Ohio. As is standard with all deposition subpoenas, Committee staff
coordinated in good faith with Mr. Wexner’s legal counsel and are proceeding in
accordance with established House and Committee procedures.”
How did
Les Wexner and Jeffrey Epstein know each other?
Epstein
and Wexner reportedly first met in 1986 in Palm Beach, Florida, after being
introduced to each other by insurance executive Robert Meister and his wife.
A year
later in 1987, Epstein became a financial adviser for Wexner, whose company
already included brands such as The Limited, Express and Victoria's Secret.
In 1991,
The Dispatch reported its first story linking Epstein to Wexner.
Wexner
donated 10 million shares of the Limited's stock valued at more than $230
million to create the Ohio Higher Education Trust, The Dispatch reported at the
time. Epstein was identified as "a financial advisor in New York" and
was listed as the group's trustee.
In 1992,
Epstein paid $3.5 million for a new 10,639-square-foot home at 5025
Dublin-Granville Road, on 30.4 acres on the north end of Wexner's estate.
Wexner
also granted Epstein power of attorney in 1991, a measure that would remain in
place until their relationship ended in 2007. Recently released emails,
however, show that the two were still in touch in 2008.
Why did
Les Wexner end his relationship with Jeffrey Epstein?
Wexner
has long claimed he ended his relationship with Epstein in 2007 as his
financial adviser was under investigation for sex crimes in Florida and when he
discovered that Epstein had stolen money from him.
In 2007,
Epstein told Wexner that he was "having legal problems" due to what
he described as an "overly aggressive police chief and some sort of
massage." Epstein later pleaded guilty to soliciting sex with someone
younger than 18 in Florida in 2008.
Epstein,
however, claimed he was being blackmailed and suggested Wexner's wife Abigail
Wexner take over the family finances, the memo stated. When Abigail Wexner
began looking into their finances, she found that Epstein had stolen or
misappropriated hundreds of millions of dollars.
"Epstein
tried to convince Wexner's wife that she did not understand the financials and
insisted that he had the Wexners' best interests at heart," stated a memo
detailing a 2019 meeting with Wexner's attorney that was released by the
Department of Justice in January.
The
Wexners withdrew the power of attorney they had granted Epstein.
Instead
of taking action publicly, the memo stated they hired an attorney to negotiate
a "private settlement" to avoid "unnecessary public
attention." As a result of those negotiations, Epstein returned $100
million to the Wexners in January 2008, the memo stated.
Although
Wexner has long maintained he ended his relationship with Epstein in 2007, an
email between the two shows they communicated later.
Four days
before Epstein pleaded guilty in Florida in 2008 to soliciting sex with someone
younger than 18, Epstein received an email from Wexner.
“Abigail
told me the response,” Wexner wrote, referring to his wife. “All I can say is I
feel sorry. You violated your own number 1 rule … Always be careful.”
Epstein
only replied: “no excuse.”
Did Les
Wexner know about Jeffrey Epstein's alleged sex crimes?
Files
that Congress ordered the DOJ to release as part of its Epstein investigation
have repeatedly named Wexner a co-conspirator of Epstein. But Wexner has long
maintained he did not know about Epstein's crimes before he ended his
relationship with him.
An email
released Dec. 23, 2025, that was sent by an FBI agent in New York on July 7,
2019, listed Wexner while asking for an "an update on the status of the 10
co-conspirators."
An Aug.
15, 2019, FBI email released on Jan. 30 also labeled Wexner and others as
"secondary co-conspirators." But the email said only that there was
"limited evidence regarding his involvement," that investigators were
in touch with Wexner's attorney and a subpoena had been served.
Wexner
also is listed in a December 19, 2019, memo written by assistant U.S. attorneys
titled "Investigation into potential co-conspirators of Jeffrey
Epstein." The memo details Wexner's fallout with Epstein in 2007.
In each
instance, Wexner has been mentioned alongside other Epstein associates, such as
Ghislaine Maxwell, who is currently serving time in federal prison for her
involvement in Epstein's crimes. Maxwell was deposed Feb. 9 and declined to
answer questions by invoking her Fifth Amendment right to not incriminate
herself.
Despite
the documents, representatives for Wexner have said the retail mogul was told
he was never a target of the Epstein investigation.
“The
Assistant U.S. Attorney told Mr. Wexner’s legal counsel in 2019 that Mr. Wexner
was neither a co-conspirator nor target in any respect. Mr. Wexner cooperated
fully by providing background information on Epstein and was never contacted
again," a spokesman told The Dispatch.
Wexner
representatives have also long pointed to a 2019 news conference in which Brad
Edwards, an attorney who has represented a number of Epstein accusers, said
that he had doubts about claims that Wexner was aware of Epstein's crimes.
Edwards called Wexner's denial that he knew about Epstein's activities
"very highly likely to be true."
Were
there any revelations about Les Wexner's relationship with Jeffrey Epstein in
the DOJ files?
In what
appeared to be an undated draft letter from Epstein to Wexner, the former
financial adviser wrote that the two men had "gang stuff" for 15
years and that they owed each other a debt.
It's
unclear exactly what Epstein was referring to or whether the undated letter was
ever sent to Wexner.
Epstein
wrote that he had suggested to a representative of Wexner's that the two meet.
But the letter stated Epstein was rebuffed.
"I
have never once, not once, done anything, but protect your interests. I owe a
great debt to you, as frankly you owe to me," Epstein wrote. "I was
not surprised by your reticence to sit with me when my bad judgement [sic] with
women became a cause celebre."
In the
letter, Epstein also wrote that he had "sat with Abigail," who asked
questions and made what he described as "unfair, aggressive and false
accusations." While Epstein wrote that while he answered some of those
questions, he said he couldn't answer them fully "without violating a
confidence with you."
"You
and I had 'gang stuff' for over 15 years. A great deal of it, that she was
unaware of," Epstein wrote. "I had no intention of divulging any
confidence of ours, no matter what accusations she made. And she made quite a
few."
A Wexner
representative told The Dispatch that Wexner never received the letter.
"It
appears Epstein was furious that Mr. Wexner refused to meet with him years
after Mr. Wexner terminated Epstein and cut off all ties with him following Mr.
Wexner’s discovery of Epstein’s theft and criminal conduct," the
representative said in a prepared statement. "The draft appears to fit a
pattern of untrue, outlandish, and delusional statements made by Epstein in
desperate attempts to perpetuate his lies and justify his misconduct."
Has Les
Wexner been charged with a crime in connection to Jeffrey Epstein?
Wexner
has not been charged with any crimes stemming from his relationship with
Epstein.
In early
February, members of Congress noted that Wexner's name had been redacted on a
document naming co-conspirators of Epstein and demanded answers from U.S.
Attorney General Pam Bondi as to why the retail mogul has not been prosecuted.
"At
what point did the FBI and DOJ decide that Les Wexner is not a co-conspirator
because our Epstein files transparency act requires you... to release the
internal decision about whether to prosecute him or not and it's not in the
files, it's not in the files for any of these other men," Rep. Thomas
Massie asked Bondi in a Feb. 11 congressional hearing.
Bondi
responded by saying Massie was acting as if "everybody's trying to cover
up Wexner's name." The mistaken redaction of Wexner was corrected within
40 minutes of it being pointed out, Bondi said.
Bondi
also told the House Judiciary Committee that Wexner's name appears more than
4,000 times in the Epstein documents released by the DOJ in recent months.
Dispatch
investigative reporter Max Filby can be reached by email at
mfilby@dispatch.com. Find him on X at the handle @MaxFilby or on Facebook at
@ReporterMaxFilby.
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