Billionaire Leon Black on Thursday gave his most thorough public account to date about his business relationship with convicted sex offender Jeffrey Epstein.
"This was a terrible mistake. I wish I could go back in time and change that decision," he said during an Apollo earnings call, adding that he never "engaged in any wrongdoing." Black said he put "misplaced confidence" in Epstein because Epstein was surrounded by people "I respected and admired," including academics, scientists, heads of states, and business leaders.Epstein, a former American financier, was again arrested in 2019, on federal charges for the sex trafficking of minors. He died in his jail cell in August 2019. His death was ruled a suicide.
"Let me be clear, there has never been an allegation by anyone that I engaged in any wrongdoing because I did not," said Black, adding that any suggestion he was being blackmailed by Epstein is "categorically untrue." The founder, chairman, and CEO of Apollo recalled that he met Epstein around 1996, when the American financier was advising prominent clients.
He’s knew of Epstein’s criminality from the get go. Why would a man of immense wealth invest millions without vetting the very person who was in control of it? Bc he didn’t care. Morality be damned.
Only because it's affecting his reputation which affects his bottom line... Boo hoo
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