Epstein Secrets

June 22, 2022 COMMITTEE ON FINANCE WASHINGTON, OC 20510-6200 I write seeking information regarding a business arrangement between Leon Black and Jeffrey Epstein. A report commissioned by the Conflicts Committee of Apollo Global Management ("Apollo") stated Epstein was paid $158 million by Black between 2012

arrangement between Leon Black and Jeffrey Epstein. A report commissioned by the Conflicts Committee of Apollo Global Management ("Apollo") stated Epstein was paid $158 million by Black between 2012 and 2017 for services related to a variety of tax and estate planning matters, an amount that appears to

ng a business arrangement between Leon Black and Jeffrey Epstein. A report commissioned by the Conflicts C

nal and professional ties to Epstein and engaged Mr. Epstein for his advice related to tax strategy, estate pl

a 'grand slam' and one that met all of Black's financial and estate planning goals." Id. Id. at pg. 17: "It is clear that the compensation paid by Black to Epstein far exceeded any amounts Black paid to his other professional advisors." EFTA02731019 transferred control of these documents to Leon Black, his f

tained Dechert LLP ("Dechert") as independent counsel to conduct a thorough investigation into (1) the relationship between Leon Black ("Black") and Jeffrey Epstein ("Epstein"), including any financial, business or personal dealings between Black and any Black affiliate, on the one hand, and Epstein and any Epst

("Dechert") as independent counsel to conduct a thorough investigation into (1) the relationship between Leon Black ("Black") and Jeffrey Epstein ("Epstein"), including any financial, business or personal dealings between Black and any Black affiliate, on the one hand, and Epstein and any Epstein affili

the relationship between Leon Black ("Black") and Jeffrey Epstein ("Epstein"), including any financial, bu

3I Letter, Black stated that "From time to time, Mr. Epstein provided professional services to my family partn

Black and the Family Office substantially exceeded the total compensation that Black paid to him. However, it is clear that the compensation paid by Black to Epstein far exceeded any amounts Black paid to his other professional advisors. V. 01.ACR' LOANED $30.5 MILLION TO EPSTEIN Separate from the payments made

00 As Chairman of the Senate Finance Committee ("the Committee"), I write regarding the Committee's investigation into your financial dealings with Jeffrey Epstein. This effort is part of an ongoing set of investigations by the Committee into the means by which ultra-high net worth persons avoid or evade payin

fshore accounts from the Internal Revenue Service (IRS). As you are aware, the Committee is investigating the $158 million in payments you made to Epstein for services related to a variety of tax and estate planning matters. In particular, the Committee seeks information on Epstein's participation in s

s investigation into your financial dealings with Jeffrey Epstein. This effort is part of an ongoing set o

nate Finance Committee, Jan. 16, 2023 (at pg. 3: "Mr. Epstein proposed that the trustees prepare an accounting

s and filings, or any other advice provided to you and your family office. 11. The Dechert report claims that "it is clear the compensation paid by Black to Epstein far exceeded any amounts Black paid to his other professional advisors." Please explain how Dechert LLP made this assessment. Please also provide d