Epstein Secrets

ncial or other dealings between them; and (4) any statements made by or on behalf of Black or Apollo referring, relating to or characterizing either Black's or Apollo's relationship with Epstein. The Committee placed no restriction on Dechert's investigation. This memorandum summarizes Dechen's findings.

ement, Inc. ("Apollo") retained 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

"Apollo") retained 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, an

nning, trust formation, and philanthropy. As confirmed by both witnesses and the documentary evidence, Epstein played a central role in meeting with Black's family and explaining to them how Black's estate was organized and to encourage them to be more engaged in the planning process and philanthropy. D

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

H CAROLINA MARSHA SIACKLIMIN TERM SSE t JOSHUA SENNEMAN. STAFF ORION:RI GREGG PICNAPO. REPLItuCAN STAIR Oat MA lamed *tatcs *mate July 24, 2023 Leon D. Black do Brownstein Hyatt Farber Schreck LLP 410 Seventeeth Street Suite 2200 Denver, Colorado 80202-4432 Dear Mr. Black, COMMITTEE ON FINANCE WASHI

*mate July 24, 2023 Leon D. Black do Brownstein Hyatt Farber Schreck LLP 410 Seventeeth Street Suite 2200 Denver, Colorado 80202-4432 Dear Mr. Black, COMMITTEE ON FINANCE WASHINGTON, DC 20510-6200 As Chairman of the Senate Finance Committee ("the Committee"), I write regarding the Committee's

available online at tutpc-//www sec gov/Archivesledgaddata/1411494/000119312521016405/d11810/dex991 htlli Id. at pg. 3: "Epstein regularly advised [Leon] Black on a variety of issues related to trust and estate planning, tax, philanthropy, and the operation of the Family Office" and at pg. 4: "[Leon] Black

action and attributed the remainder to the various other matters including his advice about estate, tax planning, tax audits, and filings, managing Black's artwork, Family Office management, and advice regarding Black's yacht and airplane as set forth above." r Email from Majority Staff, Senate Finance

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

roughly $1 billion in gift and estate taxes.' According to the report, Epstein also advised Black on a "step-up-basis transaction" designed to save Black's children approximately $600 million in taxes as well as other tax planning and compliance issues, including responding to audit inquiries from the

ed *tams *coati 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 b

nd 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 far exceed that paid by Black

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