EFTA02731147

PRIVILEGED - ATTORNEY WORK PRODUCT/DELIBERATIVE PROCESS
CONFIDENTIAL - SUBJECT TO FED. R. CRIM. P. 6(e)
belonged to Wexner, but the Wexners had moved out of it in 1995. Epstein also sold himself a
private plane that previously belonged to Wexner at a deeply discounted price.
In the 1990s, Epstein told Wexner that he had other clients and that Wexner did not need
to pay Epstein because Epstein was having fun and they would settle up later. Epstein
introduced Wexner to a number of other people as his clients, and Wexner interacted with other
prominent people who knew Epstein, such as Prince Andrew, professors at Harvard, and a sultan
in Dubai. Epstein had no formal role in L Brands or Victoria's Secret. At some point, Wexner
heard a rumor that Epstein might be holding himself out as connected to Victoria's Secret, but
when Wexner asked Epstein about it, Epstein denied doing so.
Epstein handled Wexner's personal business affairs until 2007, when Wexner learned that
Epstein had stolen or otherwise misappropriated several hundred million dollars from Wexner.
Around that time, Epstein told Wexner that he was having legal problems involving an overly
aggressive police chief and some sort of massage. Epstein said he was being blackmailed and it
could get messy, so it would be best for Wexner's wife to take over the family finances. In
response, Wexner's wife looked into the state of their finances and discovered that Epstein had
misappropriated a significant amount of the family's funds. For example, Epstein frequently
bought property on behalf of the Wexners and then sold it to himself for a fraction of the cost.
The Wexners then decided to cut off Epstein. When confronted, 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. The Wexners did not want to bring unnecessary public attention to the
issue, so they withdrew the power of attorney, and hired counsel to negotiate a private settlement
with Epstein. As a result of those negotiations, Epstein agreed to return $100 million to the
Wexners, which he did in January of 2008. At that point, Wexner severed all ties with Epstein,
and he has not seen or spoken to Epstein since.
Wexner knows nothing about the claim from and explained that at the
time, Epstein owned a property adjacent to the Wexners about a half mile way from the
Wexners's property. The Wexners's security team is not aware of any inappropriate incident
taking place on the Wexners's property, and the Wexners first heard about
allegations from public reporting this year.
2. Search Warrants
In July and August 2019, we obtained and the FBI executed search warrants for Epstein's
residences in New York and the Virgin Islands. We subsequently obtained warrants to search all
electronic devices, drives, and discs seized from those residences. The FBI is continuing to
review the extraordinarily large amount of data contained on those devices and is working with
our filter team to complete a privilege review of that data. In addition, we have reviewed the
materials obtained during the Palm Beach Police Department's October 2005 search of Epstein's
Palm Beach residence.
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EFTA02731147