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Les Wexner
Former CEO of L Brands, Independent

Les Wexner Deposition: L Brands Billionaire Questioned About Epstein Ties (Full Video)

📅 Aug 09, 2026 John M. Phillips 295 MIN 70 VIEWS 1618 SEGMENTS · 12 SPEAKERS
Les Wexner's full deposition before the House Oversight Committee regarding his connections to Jeffrey Epstein. The billionaire founder of L Brands (Victoria's Secret, Bath & Body Works) is questioned under oath about his decades-long relationship with Epstein, the financial arrangements between them, and when he learned of Epstein's criminal conduct. Wexner gave Epstein sweeping power of attorney and access to his finances — this testimony explores the full scope of that relationship. LEGAL DISCLAIMER: This video contains raw, unedited congressional proceedings made available as a matter of...

What Les Wexner said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

Les Wexner, former CEO of L Brands, testified before the House Oversight Committee about his relationship with Jeffrey Epstein. He said he met Epstein around 1980-1985 through Bob and Wendy Meister, and hired him in the mid-1980s as a family office manager. Wexner denied any personal friendship, saying he was 'conned by the world Olympic all-time con artist.' He stated he never witnessed abuse, never knew of Epstein's crimes until they became public, and severed ties after learning Epstein stole from him. Wexner acknowledged Epstein had power of attorney and wide latitude over his finances, but claimed ignorance of specific thefts, trusts, and payments to Dr. Landon. He denied sexual contact with Virginia Giuffre and any knowledge of Epstein's intelligence ties. Wexner said he did not press charges on advisors' advice.

Key takeaways

  1. Wexner said Epstein stole 'at least a hundred million dollars' from him, but he never filed charges on advice of advisors.
  2. Wexner denied any sexual contact with Virginia Giuffre, calling her accusation 'confused' and 'never happened.'
  3. Wexner said he was unaware of Epstein's crimes until they became public, and severed ties after learning of the theft.
  4. Wexner acknowledged Epstein had power of attorney and 'pretty wide' latitude over his personal finances.
  5. Wexner said he never knew Epstein was affiliated with Victoria's Secret as a talent scout until told by company staff.

Numbers and commitments

FigureWhat it refers toTypeAt
$5,000 Loan from aunt to start business other 10:15
1963 Year he opened first store timeline 10:15
1969 Year he had six stores timeline 10:15
10,000 stores Stores opened in his lifetime metric 10:45
20 different brands Brands he created metric 10:45
20 Estimated number of staff on New Albany property metric 49:10
$20 million Sale price of New York townhouse to Epstein price 2:34:24
$6 million Sale price of company plane to Epstein price 2:44:55

Chapters

  1. 0:00Opening and ground rules
  2. 9:48Career background
  3. 12:18First meeting with Epstein
  4. 23:24Relationship with Maxwell
  5. 29:02Business relationship with Epstein
  6. 42:38New Albany property and Maria Farmer
  7. 1:00:48Epstein's arrest and aftermath
  8. 1:38:11Financial theft and trusts
  9. 4:50:35Closing reflections

Questions asked in this interview

12
  1. 1:59Can the witness please state his name and spell his last name for the record?
  2. 24:14And based on your testimony, is it fair to say that Mr. Epstein introduced you to Maxwell?
  3. 44:17Wexner, did you ever meet with, socialize with, or otherwise engage with Jeffrey Epstein at your New Albany, Ohio home?
  4. 58:49So it is your testimony today that you don't recall him ever saying anything about receiving massages from young women or girls?
  5. 1:23:15Would Epstein— did the Wexner Foundation have more than one trustee?
  6. 1:50:29So to clarify, you believe he specifically dropped Donald Trump's name?
  7. 2:10:19Epstein ever ask you to lend him money for any reason?
  8. 2:34:34So you believe you got a fair deal for selling that home?
  9. 2:52:59Executives or anyone of that such?
  10. 3:13:04... simply be the repository of people's hushed calls and not share with you.' And the subject of the email is 'for Les's eyes only, please do not circulate.' So the phrase 'gang stuff rules,' is that a familiar phrase to you in this context?
  11. 3:45:15And you yourself, sir, never had physical contact with any of these young survivors or victims as they are alternatively called, these young women?
  12. 4:11:23You were, you got engaged in 1992. Do I have that correct?
Deposition Questioner 0:05 ↗
We'll go on the record. This is a deposition of Mr. Leslie H. Wexner conducted by the House Committee on Oversight and Government Reform under the authority granted to it pursuant to House Rule 10. Accordingly, House Rule 10 grants the committee broad jurisdiction for the committee to conduct investigations of any matter at any time. On January 7th, 2026, the committee voted to approve a motion directing the chairman to authorize an issue a subpoena to you for a deposition. On January 23rd, 2026, Chairman Comer issued a subpoena for Mr. Wexner to appear today for a deposition in furtherance of the committee's investigation into the actions and investigations of Mr. Jeffrey Epstein and Ms. Ghislaine Maxwell. I will enter the subpoena and corresponding cover letter as exhibit one.
The committee noticed the deposition for Mr. Wexner on February 9th, 2026. I will enter the notice for this deposition as exhibit two.
Do the copies of the exhibits for us.
Can the witness please state his name and spell his last name for the record?
Les Wexner 2:04 ↗
Leslie, L E S L I E H W E X N E R Wexner.
Deposition Questioner 2:11 ↗
Thank you. My name is Under the Committee on Oversight and Government Reform's rules, you are allowed to have a counsel present to advise you during this deposition. Do you have a counsel representing you in a personal capacity present with you today?
Les Wexner 2:28 ↗
Yes.
Deposition Questioner 2:29 ↗
Yes. Will counsel please identify themselves for the record?
Michael Levy 2:32 ↗
Michael Levy of Ellerman Enzina Levy on behalf of Mr. Wexner.
Elizabeth Martin 2:37 ↗
Elizabeth Martin with Ellerman Enzina Levy for Mr. Wexner.
Matthew Zaiger 2:41 ↗
And Matthew Zaiger from Zaiger Siegel and Little on behalf of Mr. Wexner.
Deposition Questioner 2:47 ↗
For the record, starting with the majority staff, can the additional staff members please introduce themselves with their name, title, and affiliation?
Jocelyn Nunez 2:58 ↗
Jocelyn Nunez, sorry, Congresswoman Ann Kirkpatrick Arizona.
Staff Member 3:01 ↗
Blossom here working member Oversight Committee.
Catherine Private Citizen Levy.
Deposition Questioner 3:09 ↗
Thank you all. Mr. Wexner, before we begin, I would like to go over the ground rules for this deposition. The questioning will proceed in rounds. The majority will ask questions for an hour, and then the minority will have an opportunity to ask questions for an hour if they choose. To the extent members have questions for the witnesses or witness, they will be propounded during their sides' respective rounds. The clock will stop if you need to confer with counsel, your counsel is speaking, and when members or staff are speaking during the opposing sides' rounds of questions. We will alternate back and forth until there are no more questions. Do you understand?
Les Wexner 3:48 ↗
I think so.
Staff Member 3:50 ↗
There is a court reporter taking down everything I say and everything you say to make a written record of the interview. For the record to be clear, please wait until the staffer questioning you finishes each question before you begin your answer and the staffer will wait until you finish your response before proceeding to the next question. Further, to ensure the court reporter can properly record this deposition, please speak clearly, concisely, and slowly. Also, the court reporter cannot record non-verbal answers such as nodding or shaking your head. So, it is important that you answer each question with an audible verbal answer. Do you understand?
Les Wexner 4:27 ↗
Yes, I do.
Deposition Questioner 4:29 ↗
Exhibits may be entered into the record. The majority exhibits will be identified numerically. My minority exhibits will be identified alphabetically. Do you understand?
Les Wexner 4:37 ↗
Yes.
Deposition Questioner 4:39 ↗
We want you to answer our questions in the most complete and truthful manner possible, so we will take our time. If you have any questions or do not fully understand the question, please let us know. We will attempt to clarify, add context to, or rephrase our questions. We ask about specific conversations or events in the past and you are unable to recall the exact words or details, you should testify to the substance of those conversations or events to the best of your recollection. If you recall only a part of the conversation or event, you should give us your best recollection of those events or parts of the conversations that you do recall. Do you understand?
Les Wexner 5:18 ↗
I think I do.
Deposition Questioner 5:21 ↗
You are required by law to answer questions from Congress truthfully. This also applies to questions posed by congressional staff in this deposition. Do you understand?
Les Wexner 5:31 ↗
Yes.
Deposition Questioner 5:32 ↗
If at any time you knowingly make false statements, you could be subject to criminal prosecution including but not limited to perjury. Do you understand?
Les Wexner 5:40 ↗
Yes.
Deposition Questioner 5:41 ↗
This includes both knowingly providing false testimony, but also stating that you do not recall or remember something when in fact you do. Do you understand?
Les Wexner 5:51 ↗
Yes, of course.
Deposition Questioner 5:52 ↗
Furthermore, you cannot tell half truths or exclude information necessary to make the statements accurate. You are required to provide all information that would make your response truthful. A deliberate failure to disclose information can constitute a false statement. Do you understand?
Les Wexner 6:09 ↗
Yes.
Deposition Questioner 6:11 ↗
Is there any reason you are unable to provide truthful testimony in today's interview?
Les Wexner 6:15 ↗
No. No. No.
Deposition Questioner 6:19 ↗
Please note, if you wish to assert a privilege over any statement today, that assertion must comply with the rules of the Committee on Oversight and Government Reform. Pursuant to that, Committee Rule 16C1 states for the chair to consider assertions of privilege over testimony or statements, witnesses or entities must clearly state the specific privilege being asserted and the reason for the assertion on or before the scheduled date of testimony or appearance. For the purposes of this deposition, objections must be stated concisely and in a non-argumentative and non-suggestive manner. If the witness refuses to answer a question to preserve a privilege, the Committee may seek a ruling from the chair. If the chair overrules any such objection, the witness shall be ordered to answer. If the witness continues to refuse to answer a question despite being ordered to do so, the witness may be subject to sanction. Do you understand?
Les Wexner 7:11 ↗
Yes.
Deposition Questioner 7:13 ↗
Ordinarily, we take a 5-minute break at the end of each hour of questioning, but if you need a longer break or a break before that, please let us know and we will be happy to accommodate. However, to the extent that there is a pending question, we would ask that you finish answering the question before we take a break. Do you understand?
Les Wexner 7:31 ↗
Yes.
Deposition Questioner 7:33 ↗
Finally, I will note for everyone here today that the contents of what we discuss in the deposition is confidential under the House Deposition Regulation. Under the rules, the chairman and ranking minority members shall consult before any release of testimony or transcripts, including portions thereof. This means it is a violation of House and Committee rules to disclose contents of this deposition prior to its official release. For this reason, the market exhibits that we will use today will remain with the court reporter so that they can go into the official transcript and any copies of those exhibits will be kept at the table or returned to us when we wrap up. Can the reporter please swear in the witness?
Court Reporter 8:20 ↗
Will you raise your right hands for me, please? Do you solemnly declare and affirm under penalty of perjury that the testimony you're about to give will be the truth, the whole truth, and nothing but the truth?
Les Wexner 8:28 ↗
Absolutely.
Deposition Questioner 8:33 ↗
Do you have any questions before we begin?
Les Wexner 8:37 ↗
I'd like a cup of hot coffee. Do you mind?
Deposition Questioner 8:43 ↗
No, we'll. Someone could get it, but. We can go off the record.
We will go back on the record. Another member of Congress joined. Can he please identify himself for the record?
Dave Min 8:59 ↗
Dave Min, California's 45th. Thank you for being here. I'm Dave Min out of California's 45th.
Deposition Questioner 9:14 ↗
The time reads 10:17 and the majority's time will begin now. Mr. Wexner, is it true that you submitted a statement to the committee this morning?
Les Wexner 9:26 ↗
Yes, I did.
Deposition Questioner 9:27 ↗
I will now enter as exhibit one the statement of Leslie H.
Counsel 9:32 ↗
It's exhibit three because you've ex-
Deposition Questioner 9:33 ↗
Oh, exhibit three, excuse me. Statement of Leslie H. Wexner submitted to the Committee on Oversight and Government Reform, February 18th, 2026.
Mr. Wexner, let's start by briefly discussing your education and experience. Where did you attend undergraduate school?
Les Wexner 9:56 ↗
The Ohio State University.
Deposition Questioner 9:58 ↗
And what degree did you graduate with?
Les Wexner 10:00 ↗
Business degree.
Deposition Questioner 10:02 ↗
And I know you had a long career, but can you briefly summarize your professional career for the committee?
Les Wexner 10:15 ↗
Well, I was raised in a very poor family, and we had no money. And I had an aunt and she loaned me her life savings, which was $5,000. And on the understanding I could put it in the bank, so it appeared that I had money, and I could borrow money from a bank, and then I opened a store in 1963. And then I opened a store every year for the next five or six years. And so by 1969, I had six stores.
I took that company public, not to raise money, because it was remarkably successful. And I wanted the associates of the business to own a piece of the business. So, I gave stock to virtually everybody that worked in the stores and the back rooms and cleaning people. I mean, just I'm very proud of that. And then opened more stores and more stores, and figured out at one point that there was a limit to how many Limited stores I could open. So, I opened a invented a second business called Express, and opened up more and more stores. And what the business then turned into was the largest multi-division fashion specialty business in the world. And in hindsight I kind of invented multi-store national and international store retailing. And just a remarkable as I look back, I don't know how I did it, but probably in my lifetime I opened 10,000 stores around the world. Probably 20 different brands. So that's what I did. And that's what I did in this city. Starting to tell you what I do personally, but that's another story.
Deposition Questioner 12:18 ↗
Thank you. Let's move on to your relationship with Mr. Epstein. When did you first meet Jeffrey Epstein?
Les Wexner 12:29 ↗
Probably 35 years ago. 40 years ago. I don't remember exactly. And met him through friends.
Deposition Questioner 12:41 ↗
Approximately what year would you have met him?
Les Wexner 12:52 ↗
Probably between '80 and '85. I don't remember.
Deposition Questioner 12:56 ↗
And how did you first come to meet Mr. Epstein?
Les Wexner 13:01 ↗
It was really by accident. I was friends with a couple, Bob and Wendy Meister. And I was in Florida. And I'd never been to Florida. So, they were driving me around showing me what South Florida looked like. And they showed me the Breakers Hotel, and they were just driving around the driveway. And Bob stopped the car. He said, 'There's somebody you should meet.' Really smart, savvy guy named Jeffrey Epstein. And so, they stopped the car. I was sitting in the backseat. They introduced me to Jeffrey and we drove off.
Deposition Questioner 13:44 ↗
So, at that time, you had no knowledge of Mr. Epstein until Mr. Meissner introduced you to him?
Les Wexner 13:52 ↗
Never heard of him. Never saw him. Never met him.
Deposition Questioner 13:56 ↗
Did Mr. Meissner ever raise any concerns about Mr. Epstein?
Les Wexner 14:01 ↗
No. He didn't.
Deposition Questioner 14:05 ↗
And you meet him in Florida. What's your first impression of Mr. Epstein?
Les Wexner 14:15 ↗
Kind of a medium dark-haired guy. I don't remember saying much more hello, shaking his hands, or maybe nodding from the backseat of the car.
Deposition Questioner 14:24 ↗
What was your first impression of Mr. Epstein?
Les Wexner 14:27 ↗
He's just a guy with medium height and with dark hair.
Deposition Questioner 14:31 ↗
At that time, did you have any understanding of what he did for work?
Les Wexner 14:35 ↗
No.
Deposition Questioner 14:37 ↗
Did you understand Mr. Epstein to already be wealthy when you met him?
Les Wexner 14:41 ↗
No.
Deposition Questioner 14:54 ↗
At this time, I'd like to introduce what will be marked as majority exhibit four. This is a Vanity Fair article entitled Inside Jeffrey Epstein's bond with Les Wexner from 2021. The article reports on the origins of your relationship with Mr. Wexner.
Counsel 15:31 ↗
I'll note a hearsay objection for the record.
Deposition Questioner 15:40 ↗
For the record here, federal rules of evidence do not apply to congressional depositions.
Counsel 15:46 ↗
I'm noting my objection. I'm not instructing him not to answer. I'm noting that this is hearsay. That's all.
Deposition Questioner 15:59 ↗
So, in the article it says that you met Epstein sometime around 1986. Consistent with your testimony today, it says that you were introduced by Mr. Maeser. Do you agree with the article's characterization?
Les Wexner 16:17 ↗
I don't know anything in that article.
Deposition Questioner 16:23 ↗
Do you agree with the article's characterization that you met Mr. Epstein through Mr. Maeser?
Counsel 16:31 ↗
Objection. What characterization are you referring to?
Deposition Questioner 16:48 ↗
So, you previously testified that Mr. Maeser introduced you to Epstein. Is that right?
Les Wexner 16:55 ↗
Bob and Wendy introduced me to Jeffrey Epstein.
Deposition Questioner 16:59 ↗
And at that time, what was your relationship with Bob and Wendy Maeser?
Les Wexner 17:02 ↗
Well, I met Bob because he was a national international insurance broker and they had our business insurance business and Bob wanted me to meet his wife and Bob and Wendy became friends.
Deposition Questioner 17:26 ↗
Did you trust Mr. Meissner with advice?
Les Wexner 17:36 ↗
Well, I trust him with the insurance advice because that's what he did. He was the vice chairman of an international insurance company. But I didn't trust him for business advice or anything beyond the scope of what his profession was.
Deposition Questioner 17:57 ↗
I want to direct your attention to page nine of the article. And we're specifically looking at the sixth paragraph from the bottom. It starts in September 1997.
And when you're ready, I'll read the relevant. Just let me know when you're ready.
Les Wexner 18:52 ↗
I just read that paragraph.
Deposition Questioner 18:55 ↗
It reads, 'In September 1997, Wexner celebrated his 60th birthday with a dinner at his Ohio state. Meissner says he used the occasion to once again tell Wexner how untrustworthy Epstein was. My wife and I told him and Abigail hundreds of times to stay away from Epstein.' Mr. Wexner, do you recall this occurring?
Counsel 19:17 ↗
Objection. Double hearsay.
Les Wexner 19:31 ↗
I need to understand this. I never had a birthday party for myself. In fact, I never had birthday parties. My mom and dad just didn't do that. And Abigail's been great because every milestone birthday has been a surprise party. And I think, I don't remember for sure, but the 60th birthday party if Senator Lieberman was there and Marshall Rose was there, Shimon Peres was there, John Glenn was there, Max Fisher was there. And I don't think Marshall was there.
Deposition Questioner 20:18 ↗
Let me ask you a different question, Mr. Wexner. Do you recall Mr. Meissner and his wife repeatedly warning you to stay away from Epstein?
Les Wexner 20:36 ↗
Never.
Deposition Questioner 20:41 ↗
I want to now direct your attention to the fifth page. And we are looking at the sixth full paragraph.
For the record, it reads, 'Soon after introducing Wexner and Epstein, Meister started hearing disturbing stories about Epstein's sexual proclivities. Think of whatever the worst thing anyone could do is, and Epstein did them all,' Meister said. Did Meister ever express concerns related to Mr. Epstein's sexual proclivities?
Les Wexner 22:02 ↗
Never.
Counsel 22:03 ↗
Objection, double hearsay.
Deposition Questioner 22:09 ↗
The very next sentence continues, 'Mr. Epstein showed up unannounced at Meister's Park Avenue apartment with five models for Meister's sexual entertainment. Epstein thought he was bringing me a gift,' according to Mr. Meister. Were you aware of this occurring?
Counsel 22:27 ↗
Objection, double hearsay.
Les Wexner 22:29 ↗
No.
Deposition Questioner 22:30 ↗
Did Mr. Epstein ever present you with women for your sexual entertainment?
Les Wexner 22:34 ↗
Absolutely not.
Deposition Questioner 22:58 ↗
Mr. Wexner, at any time, did Jeffrey Epstein ever inform or represent to you that he was a part of any intelligence service of any nation including the United States?
Les Wexner 23:09 ↗
Absolutely not.
Deposition Questioner 23:11 ↗
Did you ever learn that he was involved with any intelligence service?
Les Wexner 23:17 ↗
Never. Never.
Deposition Questioner 23:24 ↗
Let's move on to talking about Miss Maxwell. When did you first meet Ghislaine Maxwell?
Les Wexner 23:37 ↗
Probably about the time that I got engaged to Abigail. So, must have been about 1990.
Deposition Questioner 23:51 ↗
And do you recall how you met Miss Maxwell?
Les Wexner 23:54 ↗
Well, Jeffrey wanted me to meet the person he was going to marry. And I was engaged to Abigail. And period.
Deposition Questioner 24:08 ↗
Do you have any recollection of where you met Miss Maxwell?
Les Wexner 24:12 ↗
No.
Deposition Questioner 24:14 ↗
And based on your testimony, is it fair to say that Mr. Epstein introduced you to Maxwell?
Les Wexner 24:22 ↗
Absolutely, yeah, sure.
Deposition Questioner 24:24 ↗
And you mentioned it previously, but what was your understanding of Miss Maxwell's relationship to Mr. Epstein?
Les Wexner 24:33 ↗
They dated. They were in love. They were going to get married.
Deposition Questioner 24:39 ↗
Would you characterize it as a monogamous relationship?
Les Wexner 24:43 ↗
I thought so.
Deposition Questioner 24:45 ↗
So, during this period, you had no knowledge of Mr. Epstein ever having any relationship with any man or woman besides Miss Maxwell?
Les Wexner 24:56 ↗
No. No. Didn't.
Deposition Questioner 25:02 ↗
How would you characterize your relationship with Ms. Maxwell?
Les Wexner 25:13 ↗
Like Wendy Meister was Bob's wife and then we were friendly and friends. I didn't meet Ghislaine Maxwell because she was Jeffrey's girlfriend, fiance. It never went beyond that. I knew she was smart. I think she was an honors graduate of Cambridge or something. So, she was like, spoke with an English accent. So, I thought he was really lucky because he finally met somebody that was really smart and nice.
Deposition Questioner 25:48 ↗
And you said that Ms. Maxwell was Epstein's fiance. So, it was your understanding that they were engaged to be married?
Les Wexner 25:59 ↗
I don't remember if they were engaged to be married or they were planning to get married, but I was engaged and they talked about they were going to get married. So, I don't know if it was engagement or just they both agreed.
Deposition Questioner 26:18 ↗
During your relationship with Ms. Maxwell, how often did you see her?
Les Wexner 26:25 ↗
Very few times.
Deposition Questioner 26:40 ↗
Mr. Wexner, the committee is investigating the circumstances surrounding Mr. Epstein and Ms. Maxwell and the trafficking of young women, the trafficking and sexual abuse of young women or girls. Did Ms. Maxwell ever introduce you to any young woman or girl?
Les Wexner 27:02 ↗
No, I don't think she ever introduced me to any female or man.
Deposition Questioner 27:10 ↗
Did Ms. Maxwell ever ask you to introduce a young woman or girl to your friends or associates?
Les Wexner 27:19 ↗
No.
Deposition Questioner 27:23 ↗
Did you ever introduce any young woman or girl that you met through Ms. Maxwell to any of your friends or associates?
Counsel 27:30 ↗
Objection. Assumes a fact not in evidence.
Deposition Questioner 27:37 ↗
Your client is still privileged to answer questions.
Counsel 27:37 ↗
That's fine. Repeat the question. I think the answer's no, but let's.
Deposition Questioner 27:41 ↗
Did you ever introduce any woman or girl that you met through Ms. Maxwell to any of your friends or associates?
Les Wexner 27:48 ↗
No, never.
Deposition Questioner 27:54 ↗
Did Ms. Maxwell ever visit your home in New Albany, Ohio?
Les Wexner 27:59 ↗
I don't recall.
Deposition Questioner 28:14 ↗
We're going to discuss your business relationship with Mr. Epstein in more detail later, but did Ms. Maxwell ever play a role in your business relationship with Epstein?
Les Wexner 28:25 ↗
Never, none.
Deposition Questioner 28:33 ↗
During your relationship with Ms. Maxwell, did she ever represent or inform you that she was a part of any intelligence service of any nation, including the United States?
Les Wexner 28:42 ↗
No.
Deposition Questioner 28:47 ↗
Did you ever meet Ghislaine's father, Robert Maxwell?
Les Wexner 28:52 ↗
No.
Deposition Questioner 29:02 ↗
When did you hire Mr. Epstein to officially work for you?
Les Wexner 29:07 ↗
I think it was about the mid-80s.
Deposition Questioner 29:12 ↗
Do you have any recollection of how long you knew Mr. Epstein prior to you hiring him?
Les Wexner 29:25 ↗
Not specifically. Maybe I met him in that visit in the car and maybe it was 6 months or a year later that I asked Bob about I needed somebody to help me. And I think he said, 'Did you talk to Jeffrey Epstein?' I think so. I'm guessing from when I met him first to actually having a conversation it was probably a year.
Deposition Questioner 29:54 ↗
Just to clarify, that's not actually the time that you hired him, though. That's the time you had the conversation.
Les Wexner 29:59 ↗
Yes.
Deposition Questioner 30:03 ↗
For the record, you don't recall the exact days that you hired him.
Les Wexner 30:06 ↗
No, I don't.
Deposition Questioner 30:09 ↗
Another member of Congress has joined us. May she please introduce herself for the record?
Rashida Tlaib 30:15 ↗
Rashida Tlaib, I represent the 12th Congressional District in Michigan.
Deposition Questioner 30:19 ↗
Okay. And just voice the committee so voice just a little bit.
Staff Member 30:22 ↗
He is trying. I keep telling him he's trying.
Deposition Questioner 30:28 ↗
Let's speak more loudly.
Staff Member 30:29 ↗
Yeah, if they sat more in the middle.
Deposition Questioner 30:35 ↗
Okay. I'll try to speak louder. If I'm not speaking, if you wave or something, I'll remind me.
Mr. Wexner, would you characterize your relationship with Mr. Epstein, at least initially, to be solely business-related?
Les Wexner 30:51 ↗
Yes.
Deposition Questioner 30:52 ↗
Did you at any time ever consider him to be a close friend?
Les Wexner 30:57 ↗
No.
Deposition Questioner 31:04 ↗
How often did you interact with Mr. Epstein throughout your relationship?
Les Wexner 31:16 ↗
Probably a lot of phone conversations, but meetings didn't see him much. Most of the stuff I was traveling a lot because of business. And it was erratic. He might call three times in an hour and I'd talk to him for three months. That's how I remember it.
Deposition Questioner 31:51 ↗
When you were interacting with Mr. Epstein, did you enjoy spending time with him?
Les Wexner 32:00 ↗
Enjoyment was fine. No, it was work.
Deposition Questioner 32:05 ↗
Can you elaborate on that? What were the nature of your interactions with Mr. Epstein?
Les Wexner 32:14 ↗
Like professional. This is what's going on. Have you paid this bill? Do you know about that? Or I took an inventory of your house and no one ever took an inventory of your furniture. Do you know how much furniture you have? And it was like, no, I never thought about it. Well, I know you should know that I have an inventory. Things are buttoned up. I don't think. How can I explain it? It's like people talk about family offices. And I managed all my stuff or my admin, paid my bills because I was so busy. And I realized there was a complexity in my personal life and somebody had to just do the stuff because it wasn't getting done properly. And so it was like professional, I guess what a fiduciary would do. More than what just your accountant would do or your lawyer would do. And something I thought was unfair for my secretary to do.
Deposition Questioner 33:27 ↗
And you testified that at times he would call you three times a day. Is that a fair characterization of your testimony?
Les Wexner 33:35 ↗
No. What I'm saying is that he would call me three times maybe in an hour because he wanted to tell me something about what he was doing or ask me a question about taxes so he could understand what he was preparing. And then he might not call me for three months, maybe six months. I wouldn't pay attention. It wasn't important at the time.
Deposition Questioner 33:57 ↗
Mr. Wexner, is it your testimony today that your conversations with Mr. Epstein were predominantly focused on your business relationship with him?
Les Wexner 34:09 ↗
That'd be very accurate. That would be very accurate.
Deposition Questioner 34:16 ↗
What common interests did you share with Mr. Epstein outside of work?
Les Wexner 34:22 ↗
None.
Deposition Questioner 34:24 ↗
So you didn't have any personal relationship with Mr. Epstein whatsoever?
Les Wexner 34:31 ↗
I don't think I ever went to lunch or dinner or a movie or had a cup of coffee with Jeffrey. And I thought about that recently. And I'd say the same thing about my attorney. I'd never been to his office. My current attorney, who's been our family attorney for 30 years. And I how could you, I mean, I can't explain to myself how I could have an attorney who was listed in Columbus, who was my personal attorney, and I'm friendly with, and never visited his office. My focus was on my business, and my focus was on community. Before my family. Until my family existed.
Deposition Questioner 35:19 ↗
Until your family.
Les Wexner 35:21 ↗
Yeah, that's a better way of phrasing it.
Deposition Questioner 35:25 ↗
It's a general question, but approximately how many years were you associated with Mr. Epstein?
Les Wexner 35:36 ↗
I don't recall exactly.
Deposition Questioner 35:41 ↗
And to be clear, you at no point ever considered him to be a friend.
Les Wexner 35:51 ↗
No, I didn't see Jeffrey as a friend. I saw Jeffrey as a, see Matt, my attorney. We're friends, we're friendly, but we're not friends. I mean, I just see someone that worked for you in a trust position that you're friendly with. You're not in a hostile adversary position with the people that are advising you.
Deposition Questioner 36:21 ↗
It's been reported repeatedly that you were close friends with Mr. Epstein. Why do you think people would come to that conclusion?
Counsel 36:34 ↗
Objection, hearsay.
Les Wexner 36:42 ↗
Speculation. Because he would tell them that. But he told me he was friends. If you told me that you were friends with Bill Clinton, I would believe it. Or if somebody told me somebody was a friend, I would believe it. So, I think the perspective that I have now, and I think what's really important for this group to understand, is that as I look back at it, I was conned by the world Olympic all-time con artist. And you look at all the people he knew, royalty, kings, princes, and all that. An incredible con artist.
Deposition Questioner 37:34 ↗
Do you think Mr. Epstein thought you two to be friends?
Counsel 37:40 ↗
Objection.
Les Wexner 37:44 ↗
I don't know what he thought.
Deposition Questioner 37:52 ↗
When did you learn that the Palm Beach Police Department was investigating Mr. Epstein?
Les Wexner 38:03 ↗
As I recall.
Deposition Questioner 38:06 ↗
Mr. Epstein was convicted in 2008. Did you maintain any contact with Mr. Epstein after his plea deal?
Les Wexner 38:20 ↗
As I recall, concomitantly with Abigail taking over the finances, my wife is a M&A lawyer. She worked for Davis Polk. She's really smart. And she took over the finances and kind of concomitantly she was discovering that he had stole money from us and concomitantly finding out about these accusations and the criminal activity that he pursued. And when I, when we found out about it, we severed relationships with him immediately.
Deposition Questioner 38:57 ↗
Mr. Wexner, I appreciate the context, but when was the last time you were in contact with Mr. Epstein?
Les Wexner 39:04 ↗
I have no recall. No recall.
Deposition Questioner 39:08 ↗
Did you have any contact with Mr. Epstein after 2008?
Les Wexner 39:15 ↗
What happened in 2008 again?
Deposition Questioner 39:19 ↗
Mr. Epstein entered a plea deal related to the solicitation of minors.
Les Wexner 39:28 ↗
Never talked to him. Never saw him. As far as I was concerned once we knew how bad he was, he was dead.
Deposition Questioner 39:45 ↗
Did Mr. Epstein ever ask you for personal favors of any kind?
Les Wexner 39:51 ↗
Not that I recall.
Deposition Questioner 39:53 ↗
Did you ever ask Mr. Epstein for personal favors of any kind?
Les Wexner 39:57 ↗
No.
Deposition Questioner 40:01 ↗
How involved was Mr. Epstein in your personal life?
Les Wexner 40:15 ↗
Not at all really. I think he met Abigail after we were engaged and he didn't know we were going to be engaged because I didn't discuss my personal life with him or anything. Just he was kind of the business manager of my personal affairs and at the time I probably had 20 CEOs reporting to me and so I was used to having business relationships with people, whether it's attorneys, accountants, investment banks that we were doing business with, commercial banks, but I never had personal relationships with people that I worked with. I was pretty much a loner.
Deposition Questioner 41:15 ↗
Is it true that Mr. Epstein oversaw your prenuptial agreement?
Les Wexner 41:20 ↗
I don't recall that I had one.
Deposition Questioner 41:24 ↗
If you did, would you consider that to be a business transaction between you and Mr. Epstein?
Counsel 41:32 ↗
Objection, calls for speculation, but you can answer.
Les Wexner 41:36 ↗
If I had one, I would have just talked to my attorney.
Deposition Questioner 41:40 ↗
Was Mr. Epstein involved in hiring personal staff?
Les Wexner 41:54 ↗
I think the answer is none. I can't remember anybody that he would have met that I hired personally. Personally I'm thinking also business and household staff people like that. No, I can't think of an exception.
Deposition Questioner 42:17 ↗
We will discuss your financial relationship with Mr. Epstein in greater detail later, but broadly, did Mr. Epstein ever ask you for any financial favors?
Les Wexner 42:32 ↗
No.
Deposition Questioner 42:38 ↗
Let's talk about your property here in New Albany. When did you first buy the New Albany property?
Les Wexner 43:02 ↗
Probably in the early mid-80s I started buying property. It was land. What you saw today if you drove around New Albany, this was all farmland. Where the house was was a sod farm. So, it was just in the country.
Deposition Questioner 43:22 ↗
Did Mr. Epstein play any role in the acquisition of the property?
Les Wexner 43:26 ↗
No.
Deposition Questioner 43:27 ↗
Did he play any role in the development of New Albany?
Les Wexner 43:31 ↗
Oh, no.
Deposition Questioner 43:35 ↗
On your property, would you often conduct business meetings?
Les Wexner 43:42 ↗
With whom?
Deposition Questioner 43:46 ↗
With anyone he is doing business with. Including L Brands?
Les Wexner 43:53 ↗
I think the only business meetings we ever had in the house were business meetings and L Brands community meetings, some university meetings, but no, I don't think we ever had any like a New Albany meeting. As a business in the house we'd have it at the New Albany office.
Deposition Questioner 44:17 ↗
Mr. Wexner, did you ever meet with, socialize with, or otherwise engage with Jeffrey Epstein at your New Albany, Ohio home?
Les Wexner 44:26 ↗
Say it again.
Deposition Questioner 44:27 ↗
Did you ever meet with, socialize with, or otherwise engage with Jeffrey Epstein at your New Albany home?
Les Wexner 44:38 ↗
I'm sure he was in the house, but I can't remember a specific time. I don't remember sitting meetings with Jeffrey. Most of the business I had with him was over the phone. Most of the business was over the phone.
Deposition Questioner 45:00 ↗
Do you have any recollection of when he first visited the property?
Les Wexner 45:06 ↗
No.
Deposition Questioner 45:07 ↗
And do you have any recollection of how often he would visit the property?
Les Wexner 45:14 ↗
No.
Deposition Questioner 45:23 ↗
So, is it your testimony today that you would not have been aware of every time he visited the property here in New Albany?
Les Wexner 45:33 ↗
I wouldn't have known. I want to explain something to you. It's like I wonder about now. Jeffrey would call the office and my admin would say, 'Mr. Epstein's on the phone. He has to talk to you right away.' And I'd pick up the phone and say, 'What is it?' And he'd say, 'Well, I'm in Switzerland talking to a Swiss bank about something.' And he'd try to explain it to me. He said, 'Well, you wouldn't understand the transaction. It's really complex. But I'm really busy, but I needed to tell you this or know that.' And I'd say, 'I'm in the middle of a meeting.' And I'd hang up. And then, as I said earlier, 15 minutes later, he'd call me back. And I'd look at it and I'd say, 'He was probably in bed in New York.' I didn't know where the hell he was.
Deposition Questioner 46:23 ↗
Were you aware that Mr. Epstein stayed on your property?
Les Wexner 46:29 ↗
I know he bought Jack Kessler's house. But I don't know when he was there.
Deposition Questioner 46:35 ↗
And that wasn't on your property.
Les Wexner 46:37 ↗
No, it was my neighbor's property. My business partner in New Albany's friend.
Deposition Questioner 46:44 ↗
Or his house, right? Were you aware that Mr. Epstein stayed at one of your guest houses on the property?
Les Wexner 46:58 ↗
No. The house he stayed at was Jack Kessler's house, which is an adjacent property. It's about a half mile away.
Deposition Questioner 47:10 ↗
Mr. Wexner, Epstein survivor Maria Farmer was reportedly brought to the guest house located on your property in 1996.
Counsel 47:18 ↗
Objection. He's already told you it wasn't on his property.
Deposition Questioner 47:22 ↗
I'm only bringing up the recollection of an Epstein survivor. For the record, your client is welcome to provide a statement. So again, Maria Farmer was reportedly brought to the guest house in 1996. She stayed there for a summer and claimed she was assaulted there by Mr. Epstein and Ms. Maxwell. Mr. Wexner, do you recall who Maria Farmer is?
Les Wexner 47:53 ↗
I know her name from the press.
Deposition Questioner 47:56 ↗
Did you ever meet Maria Farmer?
Les Wexner 47:57 ↗
Never.
Deposition Questioner 48:04 ↗
Is it your testimony today that you do not know whether Maria Farmer ever stayed on your property?
Les Wexner 48:10 ↗
That would be correct.
Deposition Questioner 48:16 ↗
Do you have any reason to not believe Maria Farmer's account of being abused by Jeffrey Epstein on your property?
Counsel 48:24 ↗
Objection.
Les Wexner 48:33 ↗
We got to be sure I answer this correctly. I never met her, didn't know she was here, didn't know she was abused.
Deposition Questioner 48:48 ↗
You have a large staff that works on your property in New Albany.
Les Wexner 48:54 ↗
I don't know. There's a lot of people around, but I don't know how many.
Deposition Questioner 48:59 ↗
Can you estimate how many people are working on the property at any given time?
Les Wexner 49:10 ↗
20.
Deposition Questioner 49:11 ↗
Do you have private security on the property?
Les Wexner 49:15 ↗
I've had private security since 1975.
Deposition Questioner 49:25 ↗
Are you aware of allegations that security staff on the property stopped Maria Farmer until her family was able to pick her up?
Les Wexner 49:36 ↗
I didn't know she was here, so how could I, I didn't know her. I didn't know she was here, so I didn't know she had a, pardon me.
Deposition Questioner 50:02 ↗
And I believe that you testified to this earlier, but to your recollection, did Mr. Epstein personally own property near your home?
Les Wexner 50:13 ↗
He bought the house from Jack, so half mile away if that's near.
Deposition Questioner 50:20 ↗
Was that the address at the 7500 block of King George Drive?
Les Wexner 50:25 ↗
I don't know that address.
Deposition Questioner 50:31 ↗
Are you aware of the entity New Albany Company LLC?
Les Wexner 50:35 ↗
I think that's what we called the New Albany Company.
Deposition Questioner 50:39 ↗
Why was this LLC organized?
Les Wexner 50:45 ↗
Because it made business sense.
Deposition Questioner 50:48 ↗
What was the LLC used for?
Les Wexner 50:50 ↗
I would assume it was for the New Albany project.
Deposition Questioner 50:54 ↗
Was Jeffrey Epstein involved with this entity?
Les Wexner 50:59 ↗
Only to the degree as the fiduciary financial advisor would be as Dennis Hirsch was. It was a complex project and you know.
If you would, the family office would look at it.
Deposition Questioner 51:16 ↗
To be clear, the LLC was used to develop surrounding properties in New Albany?
Les Wexner 51:21 ↗
I don't know that. I would assume that it's in an LLC or it could be the New Albany Company or Corp or Inc. I don't really know that.
Deposition Questioner 51:34 ↗
How would Jeffrey Epstein travel to New Albany in the beginning of your relationship with him?
Les Wexner 51:42 ↗
I would assume he flew and he either that or he took the train or drove.
Deposition Questioner 51:46 ↗
Did he fly on your plane?
Les Wexner 51:49 ↗
No. Very rarely.
Deposition Questioner 51:55 ↗
When he did fly on your plane, did you charge him for using it?
Les Wexner 52:01 ↗
I don't think so.
Deposition Questioner 52:03 ↗
Do you have any recollection of when you first would have started providing flights to Mr. Epstein?
Les Wexner 52:15 ↗
I think that's kind of a trick question. I don't think I ever provided flights for Mr. Epstein.
Deposition Questioner 52:23 ↗
And you testified that he very rarely flew on your airplane. Can you elaborate on that?
Les Wexner 52:35 ↗
The only time I really remember that I mentioned earlier, my wife would have surprise parties and say get on the airplane and it'd be acquaintances, you know, friends, you know, and I was always shocked who was there or some people might fly to wherever we were the party was, which was always a surprise to me, and then some of guests' friends would be at the party when I got there and that was another surprise. So, I don't remember specifics.
Deposition Questioner 53:07 ↗
So, Mr. Epstein would have been invited to surprise parties for you?
Les Wexner 53:14 ↗
Obviously, so cuz he was there.
Deposition Questioner 53:16 ↗
You testified earlier that you didn't consider him a friend. Do you invite people you don't consider to be friends to surprise parties?
Counsel 53:28 ↗
Objection. Assumes that he invited them.
Deposition Questioner 53:35 ↗
Did you answer that again? Why would Mr. Epstein have been invited to these surprise parties?
Les Wexner 53:42 ↗
My wife would have invited him.
Deposition Questioner 53:44 ↗
Why do you think your wife would have invited him?
Les Wexner 53:47 ↗
Because he's our financial advisor.
Deposition Questioner 53:50 ↗
Did your wife consider him a friend?
Les Wexner 53:53 ↗
No, I don't think so.
Deposition Questioner 53:57 ↗
Can we take a quick break?
Counsel 53:59 ↗
Yes, we can go off the record. Oh, we need to wait for the— Oh, sorry. Excuse me. We'll go off the record.
Deposition Questioner 54:08 ↗
We can go back on the record. The time is 11:10. We took a short break for the witness to confer with counsel. We have approximately 15 minutes left in the majority's hour. We understand that the witness would like to make a statement of clarification.
Les Wexner 54:26 ↗
Yeah, I think I was inaccurate in that I remember Jeffrey being on a plane at a surprise birthday party, but I don't remember him being at the party. So, I think you asked the question at the party and then where did he go? I don't even remember him being at the party. I can remember being on the plane.
Deposition Questioner 54:50 ↗
You bring up the surprise party. Do you recall where the plane was going?
Les Wexner 54:56 ↗
This surprise party wasn't on the plane.
Deposition Questioner 55:00 ↗
Where was this surprise party?
Les Wexner 55:03 ↗
I don't. There were a bunch of them and I don't remember specifically which one it was.
Deposition Questioner 55:11 ↗
Were you on every flight with Mr. Epstein when you traveled on your plane?
Counsel 55:17 ↗
Objection. How's he supposed to know that?
Deposition Questioner 55:24 ↗
If he doesn't, he's welcome to testify that he doesn't know.
Les Wexner 55:26 ↗
So, say the question again.
Deposition Questioner 55:28 ↗
Would Mr. Epstein ever use your plane while you were not present?
Les Wexner 55:33 ↗
Never.
Deposition Questioner 55:35 ↗
Did Mr. Epstein have to ask you for permission to use your plane?
Les Wexner 55:41 ↗
He would have, but he never did.
Deposition Questioner 55:47 ↗
In regards to using your plane, would you—
Les Wexner 55:50 ↗
It wasn't my plane. It was the businesses. The business had an aircraft. We didn't own our own airplane till about maybe 15 or 20 years ago. And he wasn't there either.
Deposition Questioner 56:08 ↗
Do you recall Miss Maxwell being present when you were traveling on your company's plane?
Les Wexner 56:16 ↗
No.
Deposition Questioner 56:20 ↗
Do you recall if Mr. Epstein would bring other guests besides Miss Maxwell while traveling on your company's plane?
Les Wexner 56:29 ↗
No.
Deposition Questioner 56:46 ↗
There's an address at the 7500 block of King George Drive. Are you familiar with that property?
Les Wexner 56:52 ↗
No. I'm familiar with that address.
Deposition Questioner 57:27 ↗
Mr. Wexner, how did Mr. Epstein act towards women or girls around him?
Les Wexner 57:38 ↗
In his presence or
Deposition Questioner 57:39 ↗
In your presence, yes.
Les Wexner 57:48 ↗
I guess the answer would be kind normal and nice to the— You know, he would like send my secretary or admin flowers for birthday. Uh courteous, I would say.
Deposition Questioner 58:04 ↗
Did you ever witness Mr. Epstein have sexual contact of any kind with young women or girls?
Les Wexner 58:11 ↗
Absolutely not.
Deposition Questioner 58:13 ↗
Did you ever witness Mr. Epstein sexually abuse young women or girls?
Les Wexner 58:18 ↗
Absolutely not.
Deposition Questioner 58:19 ↗
Did you ever witness Mr. Epstein receive massages from young women or girls?
Les Wexner 58:24 ↗
Absolutely not.
Deposition Questioner 58:25 ↗
Did Mr. Epstein ever discuss sexual acts of any kind with you?
Les Wexner 58:29 ↗
No.
Deposition Questioner 58:30 ↗
Did he ever discuss receiving massages?
Les Wexner 58:33 ↗
Yes.
Deposition Questioner 58:36 ↗
What were the nature of those conversations?
Les Wexner 58:39 ↗
He told me massage therapy was great and I should get massages.
Deposition Questioner 58:44 ↗
Did he ever discuss who he was receiving massages from?
Les Wexner 58:48 ↗
No.
Deposition Questioner 58:49 ↗
So it is your testimony today that you don't recall him ever saying anything about receiving massages from young women or girls?
Les Wexner 58:56 ↗
Absolutely not. I absolutely agree with you. Didn't do that.
Deposition Questioner 59:02 ↗
Was it common for Epstein to bring young women or girls to any other place where the two of you would meet?
Les Wexner 59:08 ↗
Never.
Deposition Questioner 59:13 ↗
Did Mr. Epstein ever request that you bring Victoria's Secret models to events at your home?
Les Wexner 59:21 ↗
No, and no Victoria's Secret models ever came to my home. Even for business purpose. Didn't—
Deposition Questioner 59:29 ↗
Don't want exception to do business.
Les Wexner 59:32 ↗
Oh yeah, I heard about that. There's one exception. My wife had a horse show here for charity for about 20 years, and one of the models' husband was a polo player. And I don't know how they showed up as a couple and he gave either me or my wife a polo horse, which was— I don't ride and Abigail wasn't interested in a polo horse. So that would have been the only exception.
Deposition Questioner 1:00:09 ↗
Did Mr. Epstein ever request that you introduce him to Victoria's Secret models?
Les Wexner 1:00:15 ↗
Never.
Deposition Questioner 1:00:21 ↗
And I just want to clarify your testimony earlier, but did you ever receive any massages from any young woman or girl brought to you or by or introduced to you by Mr. Epstein?
Les Wexner 1:00:34 ↗
Never.
Deposition Questioner 1:00:48 ↗
We discussed Mr. Epstein's arrest previously but I would like to return to it just to make sure that the record is clear. In 2005, police in Palm Beach, Florida began investigating Epstein. In July 2006, Epstein was arrested for the first time for soliciting prostitution for minors. Prior to Mr. Epstein's arrest, were you aware of any investigation into Mr. Epstein?
Les Wexner 1:01:15 ↗
Not that I recall.
Deposition Questioner 1:01:20 ↗
When did you become aware of an investigation into Mr. Epstein?
Les Wexner 1:01:27 ↗
Probably whenever it was in the press. I don't know when that was.
Deposition Questioner 1:01:33 ↗
And you mentioned the press, was there anyone that was a part of your business that may have alerted you to his arrest?
Les Wexner 1:01:43 ↗
Could have been.
Deposition Questioner 1:01:46 ↗
And for the record, did you have any knowledge of illegal activity by Mr. Epstein prior to his arrest in 2006?
Les Wexner 1:02:01 ↗
The only I recall is my chief of staff told me, I don't know he knew press whether it was the newspapers or radio or TV, that Jeffrey had been accused or a woman was suing him for, I don't know, being aggressive. And I remember calling him and saying, 'What the hell is this?' And he said, 'I was being shaken down by a hooker.' And I believed him. And then I think the follow-up to that conversation was, 'I hope you know you're not bullshitting me because if it is, you know, the party's over.' He said, 'Absolutely not. Do you think I'm stupid?' Which is probably what I would say to attorney or say to you or anybody that I worked with. If you do something off, you're out.
Deposition Questioner 1:03:06 ↗
So after you had that initial conversation with him, did you discuss the allegations as they were being investigated with Mr. Epstein, excuse me.
Les Wexner 1:03:19 ↗
No, I don't think I discussed that it was done. You know, and I believe that he wasn't stupid.
Deposition Questioner 1:03:27 ↗
And you mentioned your chief of staff. For the record, who is that?
Les Wexner 1:03:32 ↗
Uh his name is Bruce Saul. And I met him through an acquaintance.
Deposition Questioner 1:03:42 ↗
It's the question. It's going to help answer the question that he asks. Okay, thank you. Thank you. We'll all get out of here a lot faster.
Did your chief of staff have any relationship with Mr. Epstein?
Les Wexner 1:03:56 ↗
Other than, you know, how do I answer that? I don't. None except if he would call him and I would know it. You know, everybody knew where I was all the time, so if somebody wanted to find me, would he call Bruce or call my admin, 'Where's Les?' Cuz I've tried to be available to people, but I don't tell everybody where I am and where I'm going cuz I'm traveling so much. So it'd be, I would guess conversations. I'm speculating that those conversations might have happened.
Deposition Questioner 1:04:29 ↗
For the record, you were surprised by Mr. Epstein's arrest?
Les Wexner 1:04:32 ↗
Yes.
Deposition Questioner 1:04:33 ↗
Do you recall people around you being surprised by his arrest?
Les Wexner 1:04:40 ↗
Don't specifically recall. Probably at the time they were, but I don't remember.
Deposition Questioner 1:04:45 ↗
Do you recall whether anyone around you advised you that you should cut ties with Epstein after his arrest?
Counsel 1:04:58 ↗
I'm going to instruct you not to disclose any communications you had with your wife or your lawyers in answering that question.
Deposition Questioner 1:05:05 ↗
Sir, are you asserting for the record attorney-client privilege and spouse privilege?
Counsel 1:05:08 ↗
Correct.
Deposition Questioner 1:05:09 ↗
To be clear, the House does not recognize common law privileges. And so, if you are asserting that in order for him to not testify to those— in order to preserve that, we may discuss and may take that to the chairman for a ruling. And potentially may direct your client to answer those questions.
Counsel 1:05:28 ↗
That's fine. The Supreme Court has also made clear that those privileges do exist in the congressional context. And I doubt very much that whatever his answer would be to this is that important, but I'm directing him to preserve those two privileges. Those two well-recognized common law privileges.
Les Wexner 1:05:44 ↗
I forget the question.
Deposition Questioner 1:05:48 ↗
Go ahead, Mr. ... Did after Mr. Epstein's arrest, did anyone around you advise you to cut ties with Mr. Epstein?
Les Wexner 1:06:02 ↗
No, they didn't.
Deposition Questioner 1:06:03 ↗
And I'm going to again ask you to answer without discussing any communications you had with your wife or your lawyers in answering that question. So, you can go ahead and answer.
Les Wexner 1:06:13 ↗
Confused to get... Did anybody... And the answer would be nobody. I can't remember anybody.
Deposition Questioner 1:06:21 ↗
Did you instruct your companies to do an internal review of your company's relationship with Mr. Epstein at this time?
Les Wexner 1:06:32 ↗
I probably would have, but I don't recall. That would have been anything that was untoward that happened in the business around the business. I would always say that this has to be investigated. And I would always in community and in business have the same attitude. But I don't specifically remember.
Deposition Questioner 1:07:04 ↗
Were you suspicious of any others around Mr. Epstein that they may have aided in the solicitation of minors for prostitution when you learned of his arrest?
Les Wexner 1:07:16 ↗
Can you repeat the question?
Deposition Questioner 1:07:18 ↗
Let me clarify. Mr. Epstein had individuals such as Maxwell, Sarah Kellen, among others who have been identified as potential co-conspirators. Were there any individuals that you understood to be affiliated with Mr. Epstein that you may have suspected to have aided in his crimes?
Les Wexner 1:07:44 ↗
No, because I don't recall any people around him in his business. My business is with him. I don't know my attorney's admin or who his associates are.
Deposition Questioner 1:08:01 ↗
Mr. Wexner, we're approaching the end of our hour, so I will just ask you one final question before we take a break. With the benefit of hindsight, were there any things you witnessed or observed about Mr. Epstein that could have suggested he was trafficking and sexually abusing women?
Les Wexner 1:08:20 ↗
Absolutely not. I've asked myself that question over and over. Why I didn't see that there should have been a clue or something that I should have picked up on. There's nothing I can recall. Nothing. Not even a clue of a clue. And I think the reason in hindsight, and I think for the understanding to get to the bottom of what Jeffrey did, is to understand how great a con he was. Because that's the explanation I have to myself. How could I have never thought he was a thief? How could I never thought he was a pervert? You know, all the terrible things. Never close.
Deposition Questioner 1:09:06 ↗
We will go off the record.
Dave Min 1:09:09 ↗
We can go on the record. Good morning, Mr. Wexner. My name is... I will be doing most of the questioning for the minority today. We appreciate your time. As you know, our conversation today will focus on your relationship with Jeffrey Epstein. We'll touch on probably your financial and business relationship with him. We'll also discuss your personal relationship with him. You already discussed with our colleagues the way that you originally met Jeffrey Epstein. I would just like to ask a couple of questions on that topic. When you first met Epstein, how did he originally present himself to you? What services did he say he was offering?
Les Wexner 1:09:56 ↗
Well, when I first met him it was just alone. He didn't represent anything and I didn't ask anything. I was just meeting a friend's acquaintance.
Dave Min 1:10:07 ↗
As that business relationship became closer and you eventually hired him, I assume he pitched his services in some way. What was his way of framing what he was offering to you?
Les Wexner 1:10:26 ↗
I think it was his experience at an industrial level, like working for a big company like Bear Stearns. And then he had done personal work for the Rothschild family in France.
Dave Min 1:10:41 ↗
Personal wealth management, essentially?
Les Wexner 1:10:47 ↗
I don't know.
Dave Min 1:10:47 ↗
Okay. We've seen some reports that he would present himself as a bounty hunter, that he would find people's missing money. Do you recall him saying anything like that?
Les Wexner 1:10:58 ↗
No.
Dave Min 1:11:02 ↗
One of the articles that my colleagues already introduced, I won't make you look back through it, but it was the Vanity Fair article. I'll just read you a paragraph out loud. It's the only paragraph I have a question about. But that article reported that during a conversation, Jeffrey Epstein asked Mr. Meister to introduce Epstein to you, Mr. Wexner. And Epstein told Meister that Epstein had learned that Wexner's current money manager was stealing from him. And the article identifies Harold Levine, I think, as your previous financial advisor. Do you have any recollection of whether Mr. Epstein ever claimed that Mr. Levine was stealing from you?
Counsel 1:11:46 ↗
Objection to the article on hearsay grounds. He can answer.
Les Wexner 1:11:56 ↗
As I recall, Jeffrey never thought Harold was stealing and I didn't think Harold was stealing.
Dave Min 1:12:02 ↗
Okay. Did anybody ever say that Harold was stealing?
Les Wexner 1:12:06 ↗
No.
Dave Min 1:12:07 ↗
Okay. No recollection of that.
Les Wexner 1:12:09 ↗
No recollection of that.
Dave Min 1:12:11 ↗
That article also describes a story where you sent Mr. Levine to meet with Mr. Epstein and just discuss an investment opportunity, but Mr. Levine came back to you and told you to stay away from Mr. Epstein. Do you have any recollection of that type of a warning from Mr. Levine?
Les Wexner 1:12:27 ↗
No.
Counsel 1:12:27 ↗
Same objection.
Les Wexner 1:12:29 ↗
No.
Dave Min 1:12:30 ↗
Okay. When you initially hired Mr. Epstein, do you recall, and some of this may be repetitive, so you have my apologies. Do you recall what year you initially hired Mr. Epstein?
Les Wexner 1:12:44 ↗
No.
Dave Min 1:12:47 ↗
Would it be right to say that it may have been either 1989 or 1990.
Les Wexner 1:12:58 ↗
Yeah, about then.
Dave Min 1:12:59 ↗
Okay. Do you recall anybody warning you not to get involved with Jeffrey Epstein when you first hired him?
Les Wexner 1:13:10 ↗
No.
Dave Min 1:13:15 ↗
I'd like to talk about Epstein's roles and responsibilities while he worked for you. We touched on this in the last hour. The total amount of time that he worked for you, how long was that approximately? It started maybe in 1989 or 1990. And I think you testified it ended in 2000 and what year did you say?
Les Wexner 1:13:39 ↗
They didn't
Dave Min 1:13:40 ↗
Okay. Well, what year do you recall the relationship ending?
Did your statement help refresh your recollection?
Les Wexner 1:13:45 ↗
Well, yeah. But it really said in the statement would be the correct date, and so whatever period that '89 or '90 it had been about then. And it ended when it ended.
Dave Min 1:14:00 ↗
Was that upon his final plea in 2008?
Les Wexner 1:14:06 ↗
Whatever I said in the statement is accurate. I remember it as being concomitant with finding out he was stealing from us.
Dave Min 1:14:14 ↗
In terms of the different things or roles that he would play for you, is it right to say that he acted as an investment advisor or a money manager? What would be the right term for that role?
Les Wexner 1:14:32 ↗
I— The term wasn't part of my vocabulary, but he was kind of like a family office manager. And so he oversaw investment, oversaw people getting paid, made sure taxes were done, and then talked to accountants. Just the— I had, in hindsight, a very— because I had done so well and I was dating Abigail and then we were engaged and I was married and running 20 businesses. I was very busy and just all that stuff that was in my personal life was either managed, wasn't managed by me. It was like my admin was like the— It sounds kind of crazy. It was the closest thing I had to any kind of supervision.
Dave Min 1:15:26 ↗
Would he be making investments on your behalf the way a traditional investment advisor would?
Les Wexner 1:15:34 ↗
I must have known at the time. I don't recall it specifically. Asking him about investment.
Dave Min 1:15:42 ↗
I would like to introduce minority exhibit A. And this is an article from The Wall Street Journal titled 'Epstein flourished as he forged bond with retail billionaire.'
Okay.
Les Wexner 1:16:14 ↗
That's the one.
Dave Min 1:16:19 ↗
And you don't have to read through this whole article. It's just helpful to have it in front of us, but on the bottom of page three, I will read just a single sentence to you. And it— the article—
Les Wexner 1:16:31 ↗
Identify with
Dave Min 1:16:32 ↗
Sure. It starts with the word 'soon.' It's the very last sentence on the bottom of page three.
Les Wexner 1:16:43 ↗
Starting there.
Dave Min 1:16:45 ↗
Oh. And that sentence, I'll read it out loud as well. Says that soon Mr. Epstein was presenting Mr. Wexner with a variety of investments, including apartment buildings, and a development involving a former post office building, says Mr. Morawski. And we understand that to be Robert Morawski, a former vice chairman of your company. Is that consistent with what you remember Epstein doing for you?
Counsel 1:17:13 ↗
Objection, hearsay. You can answer.
Les Wexner 1:17:15 ↗
No. No.
Dave Min 1:17:17 ↗
Okay. Do you have any recollection of Epstein presenting you with investment opportunities such as these?
Les Wexner 1:17:23 ↗
I'm sure he did, but they weren't apartment buildings or post office. Could have been. Yeah. I—
Dave Min 1:17:34 ↗
Do you remember?
Les Wexner 1:17:35 ↗
No, I don't remember.
Dave Min 1:17:37 ↗
Is it that you don't recall at all, or that as far as you recall, that statement is just not accurate?
Les Wexner 1:17:45 ↗
Well, there's two parts of it. Well, in reading this, one, not accurate. And I fired Bob Morawski for bad behavior.
Dave Min 1:17:54 ↗
But as to the substantive part, is it that you don't recall whether or not Epstein would present you with these types of investments?
Les Wexner 1:18:01 ↗
No, I do not recall.
Dave Min 1:18:02 ↗
Okay.
Les Wexner 1:18:03 ↗
And the quote is from somebody that I fired.
Dave Min 1:18:06 ↗
Okay.
In addition to the, I guess, family office role that you described, I'd like to ask about whether Epstein provided other services to you. We know that he provided some later clients with tax planning services. Did he ever do anything like that for you?
Les Wexner 1:18:27 ↗
Must have, but I have no specific recollection. I mean, somebody, my attorney, tax attorneys, I'm kind of a muddle about who did what.
Dave Min 1:18:36 ↗
And so, is it fair to say again that that is that you just don't recall either way?
Les Wexner 1:18:41 ↗
Yeah, I don't recall at all.
Dave Min 1:18:43 ↗
Okay. Separately from that, Mr. Epstein was a trustee for various trusts and charities of yours. I'd like to touch on both of those roles starting with trusts. And so, I will introduce minority exhibit B.
And that article is from ABC News and it's titled 'Billionaire Businessman Leslie Wexner refuses to reveal full scope of Jeffrey Epstein's alleged multi-million-dollar theft' dated January 23rd, 2020.
Les Wexner 1:19:35 ↗
And it's January 25th.
Dave Min 1:19:37 ↗
Oh, great. Thank you. Well, I have January 23rd.
Les Wexner 1:19:42 ↗
Oh, I'm looking at the date in the top right. You're right. Under the byline is January 23rd. There you go.
Dave Min 1:19:47 ↗
It's got two dates. I don't know which is correct. All right.
On page three of this article, I'm going to let you take a moment. In the middle of that page, the article says that they identified nearly a dozen trusts connected to you. I don't think—
Les Wexner 1:20:06 ↗
Sure, it starts in the paragraph Vulture and Boyd in the middle of the page.
Dave Min 1:20:12 ↗
Okay. Who are those?
Les Wexner 1:20:14 ↗
I think they're associated with ABC's investigative reporting team.
Dave Min 1:20:18 ↗
Thank you. And it tells us that they found nearly a dozen trusts with names like Health and Science Interests, Arts Interests, and Community Interests connected to Wexner that listed Epstein as trustee and received large gifts of stock in Wexner's company. So, I'll stop there. Do you have a recollection of the trusts that are described here?
Les Wexner 1:20:42 ↗
None.
Dave Min 1:20:43 ↗
None. And so, do you have any recollection of Mr. Epstein's role with those trusts?
Les Wexner 1:20:49 ↗
None.
Dave Min 1:20:53 ↗
We will come back to that, but I'd like to touch for a moment on Epstein's role with the Wexner Foundation. For that I will introduce minority exhibit C.
And this document is titled 'Independent Review of Jeffrey Epstein's Involvement and Interactions with the Wexner Foundation.' And the document is dated February 24th, 2020. I'm not going to ask you to read through this. It's a long document. I will point you to a specific part of it. But first, we understand this to be an independent review that was undertaken by a law firm at the request of the Wexner Foundation in the wake of Mr. Epstein's arrest in 2019. Is that also your understanding?
Les Wexner 1:22:00 ↗
I never knew of it. I've looked at this. I'm laughing cuz the address is 65 East State Street and that was the address of my dad's first store when I was 13.
Dave Min 1:22:12 ↗
Okay. Well, so is the report unfamiliar to you?
Les Wexner 1:22:16 ↗
Yes.
Dave Min 1:22:17 ↗
Okay.
Les Wexner 1:22:18 ↗
Completely.
Dave Min 1:22:18 ↗
And I think page four of the report says that you were interviewed by the law firm for this report. Do you have any recollection of that?
Les Wexner 1:22:28 ↗
Nope. None.
Dave Min 1:22:30 ↗
Do you have any reason to doubt the report that you were in fact interviewed for the report?
Les Wexner 1:22:37 ↗
No.
Dave Min 1:22:38 ↗
Okay.
Les Wexner 1:22:39 ↗
I don't remember it, so I can't doubt it.
Dave Min 1:22:44 ↗
Page nine of the report simply tells us that Epstein— and I'll let you turn to it if you like, but it just tells us that Epstein was elected as a trustee of the Wexner Foundation in 1992, and that he remained a trustee until September 2007.
Les Wexner 1:23:04 ↗
Mhm.
Dave Min 1:23:05 ↗
Epstein would not have been the only trustee of the Wexner Foundation, correct?
Counsel 1:23:10 ↗
Objection as to hearsay as to the document. The question is fine.
Les Wexner 1:23:14 ↗
Can you repeat it?
Dave Min 1:23:15 ↗
Sure. Would Epstein— did the Wexner Foundation have more than one trustee?
Les Wexner 1:23:24 ↗
I'm sure it did, and I think there was a legal requirement to have three. And I don't know that. I just think that.
Dave Min 1:23:34 ↗
Okay. The next page, page 10, under header number two, there's a header that reads 'Epstein played no role in the operation of the foundation's fellowships or other programs.' And the first sentence afterwards says 'Based upon our review of foundation records and interviews with foundation leaders, we concluded that, although a trustee, Epstein played no role in the management or administration of the foundation's operations or programs.' Now, on that topic, I'd like to introduce one more single-page exhibit for you.
Counsel 1:24:16 ↗
So, I'm just going to object to the statement as both a statement and hearsay, but go ahead.
Dave Min 1:24:21 ↗
I think as the majority general counsel noted, the objections have no legal grounding in this forum.
Counsel 1:24:28 ↗
I'm making it for the record. It is a deposition, so I'm making the objection. That's all.
Dave Min 1:24:45 ↗
So, is this a single page?
Staff Member 1:24:47 ↗
Single page.
Dave Min 1:24:48 ↗
And I'll give you a moment to look it over.
Les Wexner 1:24:51 ↗
This is D?
Dave Min 1:24:52 ↗
That's D.
I'll describe it briefly. Uh, this is—
Les Wexner 1:25:03 ↗
Give me a chance. Let me a chance to read it. Thank you.
I think I already read it. I've never seen this before, but go ahead.
Dave Min 1:25:29 ↗
Great. It's a just email chain from 2006 between uh starting with Peg Uglin, who we understand was the financial controller for your family office, a person named Darren, who we understand to be Mr. Epstein's lawyer, Darren Indyke, and Jeffrey Epstein. And the chain appears to relate to a foundation grant, and the question is whether the funds should come from the Wexner Foundation or some other related entity. Epstein appears to make the decision that if the recipient is a US charity, then the funds should come from the Wexner Foundation. There are— I'll just represent to you there are other emails with similar themes. This email chain seems to clearly show Mr. Epstein acting as a final decision maker with respect to the disbursement of Wexner Foundation funds. And that obviously does not square with findings in the independent report. So, having been interviewed for the report, my question is whether you had any understanding of Mr. Epstein playing this kind of role for the foundation.
Les Wexner 1:26:37 ↗
I'm not sure I understand the question.
Dave Min 1:26:38 ↗
No problem.
Les Wexner 1:26:39 ↗
Did— If— Are you asking me did Jeffrey decide that money should be given to Abba Eban? Or do I write a personal check or is it a foundation check? I'm—
Dave Min 1:26:51 ↗
It seems in this example, Mr. Epstein was deciding whether or not the funds for this entity should or should not come from the Wexner Foundation.
Counsel 1:27:01 ↗
Or from someplace else. Not whether the donation should be made itself. I think that's the distinction he's trying to draw.
Les Wexner 1:27:09 ↗
I had no recollection of where it came from. Um, I regularly helped Abba Eban after he retired from government. And I probably would have started with writing a personal check and then I would speculate how it was paid. I don't remember writing the check. But Eban was a very good friend. And he had no money. He worked for the government of Israel and social security was— his income was nothing. He was living in public housing. And my sense was that it wasn't fair. So, I took care of him privately and his wife Suzy until they both died.
Dave Min 1:27:58 ↗
Did you have any knowledge that Mr. Epstein was acting as a final decision-maker for whether or not to spend foundation funds?
Les Wexner 1:28:07 ↗
No, Abba Eban never would have done that.
Dave Min 1:28:09 ↗
He does appear to have done it here.
Les Wexner 1:28:11 ↗
Is it decision maker? No, absolutely not. This wouldn't— I wouldn't have— didn't know it, wouldn't have thought it.
Dave Min 1:28:19 ↗
So this role would have him playing this role would have occurred without your knowledge.
Counsel 1:28:25 ↗
Objection, assumes a fact not in evidence.
Les Wexner 1:28:31 ↗
It happened without my knowledge. But I did give money to my friend Ab Eben and his wife Susan.
Dave Min 1:28:39 ↗
Okay.
Les Wexner 1:28:40 ↗
Maybe.
Staff Member 1:28:46 ↗
I think we've had an additional member of Congress join us. If that individual could identify themselves, please.
Steve Lynch 1:28:53 ↗
Congressman Steve Lynch from the 8th Congressional District of Massachusetts.
Les Wexner 1:29:02 ↗
Hello, I'm Les.
Dave Min 1:29:06 ↗
I'd like to spend a little bit of time on the development of New Albany, and I know my colleagues also touched on that topic. Could you just briefly describe for us your role in the development of New Albany? I know it was substantial, so a brief overview.
Les Wexner 1:29:26 ↗
It started out with me thinking I wanted to live— have a house in the country, and it began with thinking I would buy an old barn and restore it and that'd be kind of a cool thing. And as I worked through the project, my personal project, I asked my friend Jack Kessler, who was a professional in the real estate business and a developer, you know, what land cost and, you know, what he thought of the idea. And then I got to thinking, do I really want to build a barn? And then I thought I would have built a house, and I kept telling Jack about what I was thinking I was going to do, having not done anything. And it started out pretty modestly. I think I bought like a 30-acre farm, which is about a mile from here. And then the— which I thought was a good location, and then over time I kept thinking about it and decided that wasn't a good location. This was a good location. And in the conversations with Jack, he kept saying that these are good ideas. You're not overpaying for land cuz it was something entirely new to me. And then one day I said, 'Jack, if it's such a good idea, why don't you live here?' And he said, 'I would, but my wife wouldn't move.' And then one day he called up. He said, 'She thinks it's a good idea, and we're going to sell our house, and we'll build one near yours.' Which is the house that's half a mile away. And I said, 'If we're going to live here, do you think any of our friends would like to live out near us?' Or acquaintances of his. And he said, 'Yeah, I think a lot of people would like that, you know, the idea of having more land around, and it's not that far from the airport, and stuff like that.' And that's how the idea began. And then the next idea was how do you do it? And Jack is a professional— the only professional I know in the real estate business other than shopping center developers, relied on his judgment about prices we were paying in acquisitions cuz I had a full-time job, but I didn't know anything about this. And then I got to thinking one day, how do you do it? I mean, not acquire the land, how do you plan it? And I thought there's a lot of smart people at Harvard. So I made a cold call to the School of Architecture, talked to the dean. I said, 'I have this idea. You don't know me. Could you recommend some architects?' And he said, 'I don't recommend architects to strangers in projects I don't know about.' And we talked a while more, and he said, 'If you'll buy a day of my time, if you're really serious, I'll come out and look at it cuz I don't know whether you're really serious about doing this.' And then he gave me a list of architects. And I didn't know any of them.
Want me to keep going?
Dave Min 1:32:13 ↗
No, I think I've got the sense of it.
Les Wexner 1:32:17 ↗
And then it kind of just grew by topsy.
Dave Min 1:32:20 ↗
Okay. I appreciate it. You also touched on this earlier, but what was the role of the New Albany Company in the development of the town of New Albany?
Les Wexner 1:32:32 ↗
Well, it was just the name of the community, so we called it the company. Cuz we were developing New Albany. If we'd developed it in Poughkeepsie, it'd be called the Poughkeepsie Company.
Dave Min 1:32:44 ↗
What was that as far as you recall, Mr. Epstein's role in the development of New Albany?
Les Wexner 1:32:51 ↗
None.
Dave Min 1:32:53 ↗
What was his role with the New Albany Company?
Les Wexner 1:33:01 ↗
He said, 'The fiduciary be my financial advisor to understand what was going on financially.' I thought I knew what was going on in our businesses, but we always had a CFO. So, I'd rely on the CFO to do what the CFO did because I did the marketing and the planning. But I, being a— every bit of that business had a CFO. Every business had overview. And I had a lot of complexity that I didn't realize at the time in my life. So, it was either— you know, somebody had to do this.
Dave Min 1:33:38 ↗
And there's paper. I don't want to throw paper at you if I don't have to. But I'll represent to you that yourself and Mr. Epstein were at least at one point co-presidents of the New Albany Company. I'm happy to show that if that would be helpful. But I guess my question would be what would his role have been as co-president of the New Albany Company?
Les Wexner 1:34:00 ↗
I think I don't remember it, but I think if he did it, it was just I don't know. But I was the president, chairman of the board, and then the CEO of a company, but I really just thought my job was to be the president. So that the titles wouldn't have meant anything to me.
Dave Min 1:34:20 ↗
It is right, I think, what you tell me that the purpose of the New Albany Company was to assist in the development of New Albany. Is that right?
Les Wexner 1:34:29 ↗
It was more than that, though. New Albany was just a farm village. And I bought land here and developed it. Built the schools, built the fire station, built the police station, did all the community public facilities, platted streets. I can remember did all the drawings. So I was the master developer of New Albany as a community.
Dave Min 1:34:58 ↗
Did the New Albany Company have any purpose other than to assist in the development of New Albany?
Les Wexner 1:35:04 ↗
No.
Dave Min 1:35:05 ↗
Okay. Mr. Epstein was at one point president of the New Albany Company.
Counsel 1:35:11 ↗
Objection. I think you said he was co-president.
Dave Min 1:35:13 ↗
That's correct. Co-president. But as just so I understand it, your testimony is that Mr. Epstein played no role in the development of New Albany.
Les Wexner 1:35:22 ↗
Absolutely no role.
Dave Min 1:35:23 ↗
Okay. I'd like to talk about The Limited Company. Was Mr. Epstein ever employed by The Limited Company or any of its affiliated entities?
Les Wexner 1:35:41 ↗
Never.
Dave Min 1:35:43 ↗
Did Mr. Epstein ever have an informal role with The Limited Company or any of its affiliated entities?
Les Wexner 1:35:49 ↗
Never.
Dave Min 1:35:51 ↗
Did he ever provide any services or advice to the company regardless of compensation?
Les Wexner 1:35:57 ↗
Not that I recall.
Dave Min 1:36:00 ↗
The Vanity Fair article we looked at earlier, I'll just relay the anecdote. You're welcome to look at it if you want to, but it retells a story that in 1996 The Limited was preparing to spin off Abercrombie & Fitch on the New York Stock Exchange. And Epstein reportedly flew to Columbus and told your executives that he would decide the share price. Do you have any recollection of that occurring?
Les Wexner 1:36:27 ↗
No. No. Nothing. Never.
Dave Min 1:36:29 ↗
And the article says that Tom Hopkins, who I think was the vice chair of The Limited at the time, told you at that point that Epstein was a con man. Do you have any recollection of that occurring?
Les Wexner 1:36:41 ↗
No.
Dave Min 1:36:43 ↗
Okay. I'll note there's been a lot of reporting that Mr. Epstein held himself out as affiliated with Victoria's Secret. We will come back to that topic a little bit later. Were there any instances at all that you can recall in which Epstein got involved in The Limited's business affairs?
Les Wexner 1:37:03 ↗
No.
Dave Min 1:37:08 ↗
In terms of Mr. Epstein's compensation, how was he compensated for his work for you?
Les Wexner 1:37:18 ↗
I don't specifically recall, but I would guess fairly.
Dave Min 1:37:22 ↗
I should be more clear. Was he compensated with salary or would it have been investment based or securities or fee based? Do you recall what was the way in which you would compensate him?
Les Wexner 1:37:34 ↗
I don't recall.
Dave Min 1:37:40 ↗
We discussed earlier, I think, that the breadth of his theft from you, I think, has been estimated by your counsels to be the hundreds of millions. Do you recall approximately what Mr. Epstein's total compensation would have been in his time with you?
Les Wexner 1:37:59 ↗
I'm sure I would have known them, but I don't recall.
Dave Min 1:38:11 ↗
I'd like to talk about Mr. Epstein's misappropriation or theft of your assets. And so, I will introduce as exhibit E.
So, this is an excerpt from a memo that the Department of Justice wrote in December of 2019. And DOJ was assessing the extent to which people around Epstein might have been liable for their conduct.
Les Wexner 1:38:58 ↗
Okay.
Dave Min 1:39:01 ↗
The memo is long. I will represent I have given you only the excerpt that relates to you. There's nothing else in this document that relates to you directly. The section that I've given you on the second and third pages of the document— 65 and 66 at the bottom. This is a summary of a proffer that your lawyer or lawyers gave to DOJ in July of 2019. With respect to Epstein's theft from you— in the second half of the second paragraph, I'll read it out loud. Your attorneys, quote, explained that over his years handling Wexner's finances, Epstein stole or otherwise misappropriated several hundred million dollars from Wexner. That misconduct, together with with the—
Deposition Questioner 1:39:54 ↗
Fees that Epstein paid himself for his services to Wexner appears to account for virtually all of Epstein's wealth. So, several hundred million dollars is a large but not precise figure. To the best of your knowledge, how much exactly did Epstein steal?
Les Wexner 1:40:15 ↗
I don't know. I don't think I'll ever know.
Dave Min 1:40:20 ↗
One of the things I'd like to try to understand a little bit better is how Epstein was able to steal or misappropriate that many funds. One way, reportedly, is that the trusts that we described earlier, which I know you said you have no recollection of — I just want to be thorough — the trusts that he was trustee of would receive gifts of limited stock. And he would then sell that stock on the New York Stock Exchange, and then use a portion of those proceeds for his own personal purposes. Do you have any knowledge or recollection of what I just described?
Les Wexner 1:40:58 ↗
I think you're surprised. I'm shocked. I didn't know this.
Dave Min 1:41:04 ↗
Is it that you have not previously heard what I just described?
Les Wexner 1:41:09 ↗
I never heard of it. Never saw this document.
Dave Min 1:41:11 ↗
And it was publicly reported, I think, by ABC several years ago, but not ever on your radar.
Les Wexner 1:41:18 ↗
Never.
Dave Min 1:41:19 ↗
Okay. The report indicates that it was more than or around 1.3 billion dollars of stock that Epstein moved around that way, not that he kept all of that money for himself, but the total amount of stock sales was over a billion dollars. You have no knowledge or awareness of that.
Les Wexner 1:41:41 ↗
I don't know the amounts. The only trust that I'm aware of is my wife set up trusts for our kids, so however she set them up and the amounts, I have no idea what's in them then or now.
Dave Min 1:41:56 ↗
And then separately it's been reported that around 20 million dollars of stock and cash were contributed by two of your charitable foundations to one of Epstein's charities. Do you have any knowledge or awareness of that?
Les Wexner 1:42:09 ↗
I'm thinking shocked. I just — I'm appalled. I never heard that. Do you know that?
Dave Min 1:42:23 ↗
No.
Deposition Questioner 1:42:27 ↗
Mr. Wexner, we have some additional questions and we have some questions from some of the members here. I'll start. I want to just go back to something. Now earlier in the deposition, Mr. Wexner, you said that you were never aware of Jeffrey Epstein or Ghislaine Maxwell sexually abusing minors or adult women. Is that correct?
Les Wexner 1:42:49 ↗
I know Jeffrey was accused by an adult woman of abusing her. And that's the only thing that I knew until the stuff hit the fan.
Deposition Questioner 1:43:02 ↗
So prior to it becoming public knowledge, you were never aware of —
Les Wexner 1:43:06 ↗
No. Absolutely not.
Deposition Questioner 1:43:10 ↗
Were you ever aware —
Court Reporter 1:43:10 ↗
Wait till he finishes asking the question.
Deposition Questioner 1:43:12 ↗
Sorry.
Court Reporter 1:43:13 ↗
The court reporters will get mad at you if you don't let him.
Deposition Questioner 1:43:15 ↗
Okay. So I think you said that you were not. Were you ever aware of Jeffrey Epstein or Ghislaine Maxwell sexually abusing men or boys?
Les Wexner 1:43:25 ↗
No.
Deposition Questioner 1:43:26 ↗
Okay. How about trafficking men or boys?
Les Wexner 1:43:31 ↗
No.
Deposition Questioner 1:43:33 ↗
Prior to it becoming public knowledge, were you ever aware of Jeffrey Epstein and Ghislaine Maxwell arranging for a prominent person to have sex with another person?
Les Wexner 1:43:43 ↗
Never.
Michael Levy 1:43:43 ↗
Okay. Can I ask you, Mr. Wexner, were you ever with Jeffrey Epstein in the presence of women or men in bathing suits or underwear?
Les Wexner 1:44:00 ↗
No.
Michael Levy 1:44:01 ↗
Never in the presence of women or men in bathing suits or underwear with Mr. Epstein?
Les Wexner 1:44:08 ↗
No. And if he was at the fashion show — if he was at the fashion show, there's certain women in underwear, but you know.
Michael Levy 1:44:18 ↗
So you're saying that if he was at a fashion show with you through the fashion business, it may have been the case, but could it have been the case that you were with Mr. Epstein maybe prior to the fashion show or in another space?
Les Wexner 1:44:33 ↗
No. Absolutely not.
Michael Levy 1:44:35 ↗
So did any women or men ever model clothes for you in the presence of Mr. Epstein?
Les Wexner 1:44:43 ↗
No.
Michael Levy 1:44:44 ↗
So not at a fashion show and not in a private home or residence?
Les Wexner 1:44:49 ↗
As you know, being in the audience of the fashion show would have been the only possible time.
Michael Levy 1:44:55 ↗
Are you aware of any individual that has given either a public statement or any information of anyone that has actually said that they believe you were with Mr. Epstein in the presence of women or men modeling clothes or underwear?
Les Wexner 1:45:22 ↗
I think the answer is no, but I'm not sure I understand the question.
Michael Levy 1:45:25 ↗
I'll move on. Just a direct question for you, sir. Did you yourself ever have a sexual encounter with any individual that was introduced to you by Jeffrey Epstein or Ghislaine Maxwell?
Les Wexner 1:45:38 ↗
No.
Matthew Zaiger 1:45:41 ↗
Did you personally have a sexual relationship with Jeffrey Epstein?
Les Wexner 1:45:46 ↗
No.
Matthew Zaiger 1:45:50 ↗
Are you aware that others have claimed that you had a sexual relationship with Jeffrey Epstein?
Les Wexner 1:45:58 ↗
No.
Matthew Zaiger 1:46:01 ↗
Did you ever suspect, sir, if Jeffrey Epstein ever had any sexual relationships with other men?
Les Wexner 1:46:08 ↗
No.
Deposition Questioner 1:46:11 ↗
But since it being public knowledge, you're now aware that Jeffrey Epstein had inappropriate sexual relationships with other women. Is that correct?
Les Wexner 1:46:22 ↗
Yes, what I know from the press stories, yes.
Dave Min 1:46:25 ↗
Okay, thank you. Ms. Stocket?
Elizabeth Martin 1:46:29 ↗
Yes, thank you. I actually wanted to start in a little bit of a different place really quickly. Dr. Mark Landon, are you familiar with him?
Les Wexner 1:46:46 ↗
Who?
Elizabeth Martin 1:46:48 ↗
Dr. Mark Landon.
Les Wexner 1:46:49 ↗
Yes.
Elizabeth Martin 1:46:50 ↗
Okay. He was paid by Epstein on your behalf to consult on biomedical investments. Is that correct?
Les Wexner 1:46:58 ↗
I just heard about that. I didn't know that. So, maybe the last few days.
Elizabeth Martin 1:47:05 ↗
Okay. So, with you knowing Dr. Mark Landon, are you aware as to whether or not Dr. Landon ever was paid to render medical services to any of the alleged victims of Jeffrey Epstein?
Les Wexner 1:47:22 ↗
No.
Elizabeth Martin 1:47:23 ↗
What is your relationship with Dr. Landon?
Les Wexner 1:47:28 ↗
Abigail had a complicated pregnancy and their general obstetrician, I believe, referred her to Mark Landon. He is an obstetrician. And that's how I met him and he delivered our children. And so, our relationship — my relationship with him is my wife's doctor.
Elizabeth Martin 1:47:54 ↗
Did you ever introduce him to Jeffrey Epstein?
Les Wexner 1:47:58 ↗
No.
Elizabeth Martin 1:47:59 ↗
Okay. All right. Did you ever spend time with Epstein and Donald Trump?
Deposition Questioner 1:48:08 ↗
Together?
Elizabeth Martin 1:48:09 ↗
Yes.
Les Wexner 1:48:20 ↗
I want to answer this question accurately. I would go to some of the Victoria's Secret fashion shows because they're very important to the brand. At some of the fashion shows, Jeffrey was there and some of them Trump was there. And I remember because Trump would always introduce himself to me. I always thought it was kind of odd that he was at the fashion show because he had nothing to do with fashion. So, the coincidence of them being together at an event, it could have been that, but I have no specific recollection. Never had a social or like a drink or a cup of coffee, something that would put them together.
Elizabeth Martin 1:49:04 ↗
All right, so just to clarify because I want to make sure we're clear on the record. You're saying that you can recall instances potentially where Epstein and Trump were together and you were in their presence, or just a random scenario where Epstein may be there, Trump may be there separately, and then you would hear.
Les Wexner 1:49:23 ↗
It would be at random. That would be accurate. If it happened, but I have no specific recollection.
Elizabeth Martin 1:49:30 ↗
Okay. Did you ever see or become aware President Trump having a sexual relationship with a person who was introduced to him by Epstein or Maxwell?
Les Wexner 1:49:45 ↗
No.
Elizabeth Martin 1:49:47 ↗
Has Donald Trump ever discussed Jeffrey Epstein with you?
Les Wexner 1:49:54 ↗
No.
Michael Levy 1:49:57 ↗
Did Jeffrey Epstein ever discuss Donald Trump with you?
Les Wexner 1:50:08 ↗
I would describe it — he would name drop. So he would say things like, I know President Clinton or I know the Pope or I know God or you know, or I know you. It was that kind of name dropping, but never — I can't remember a specific instance. But Jeffrey dropped a lot of names.
Michael Levy 1:50:29 ↗
Okay. So to clarify, you believe he specifically dropped Donald Trump's name?
Les Wexner 1:50:36 ↗
No, I'm saying it could have, but I don't remember.
Michael Levy 1:50:39 ↗
Okay. Did Epstein ever share any information with you about Donald Trump's sexual activities?
Les Wexner 1:50:48 ↗
No.
Michael Levy 1:50:48 ↗
Do you have a relationship with Donald Trump?
Les Wexner 1:50:52 ↗
No.
Michael Levy 1:50:54 ↗
But you've met him before.
Les Wexner 1:51:00 ↗
He introduced himself to me at the fashion show a couple of times. But, I wouldn't say 'Hello, how are you?' You know, like you say met like we knew each other. We don't know each other. He wouldn't — I'd be shocked if he remembered me.
Michael Levy 1:51:18 ↗
Okay. And I know that you specifically mentioned the island that you have been to, Jeffrey's island. Do you recall seeing any of those persons that Jeffrey Epstein would name drop while you were on his island?
Les Wexner 1:51:34 ↗
No. Nobody was there but Abigail, myself, Jeffrey. Maybe I saw somebody cutting grass or something. There was a maintenance person, I think. I don't specifically recall. But, I know for sure I was there. Abigail was there. Jeffrey was there.
Elizabeth Martin 1:51:51 ↗
And there wasn't anything abnormal about the appearance of the home on the island? And the reason that I ask, just to give you clarification of what I mean by abnormal, we've heard reports of people being thrown off when they walked into his home in New York because there was a massage table that was just sitting randomly in the middle of a room. Did you see anything like that when you visited any property that belonged to Jeffrey Epstein?
Les Wexner 1:52:28 ↗
First to clarify, when we visited the island, there was like a pueblo building, like maybe a one room and a bathroom or something. It was pretty crummy. And the island was crummy. There were trees. There was no sand. There was no beach. It was just a kind of peculiar thing. It was an island, but it was like a pile of rocks. It was just — I was kind of shocked that anybody would buy it for any purpose. As far as seeing things, I never was in the house in New York. The house in Florida, we were there after he bought it because I mentioned with the couple. So never saw a massage table or anything.
Rashida Tlaib 1:52:18 ↗
Mhm. Mhm. Thank you. Thank you so much for the information. Thank you, Mr. Wexner, for your ability to answer a lot of questions. I think when you meet the survivors, it becomes incredibly personal, especially for women on this committee. So, I appreciate it. But, I'd like to introduce exhibit, I believe it's F. The article is titled 'Jeffrey Epstein made regular payments to Ohio State head of gynecology, records show,' which is from a local affiliate. It's dated February 10, 2020. It's about Dr. Braverman.
I know they're passing it out, but Mr. Wexner, in the article, it explains that recent Department of Justice files indicate that in early 2000, Epstein was making quarterly payments to Dr. Michael Landon, who is an OBGYN and the chair of the OBGYN department at Ohio State University. And you said that your wife received services from Dr. Landon, so you know —
Les Wexner 1:53:23 ↗
Yes.
Rashida Tlaib 1:53:24 ↗
Okay. Dr. Landon said the payments were consulting services he provided for New York Strategy Group, which was some kind of firm associated with Epstein. Do you know why was he getting paid a quarterly payment by Epstein?
Les Wexner 1:53:38 ↗
Not a clue.
Rashida Tlaib 1:53:40 ↗
Do you know if there was gynecology services being offered to Epstein? For victims, women?
Les Wexner 1:53:48 ↗
No idea.
Rashida Tlaib 1:53:49 ↗
Because you're very associated with the Ohio State University, right?
Les Wexner 1:53:53 ↗
Yes.
Rashida Tlaib 1:53:54 ↗
You were the board chair, okay. Were you aware that Jeffrey Epstein was paying him quarterly payments?
Les Wexner 1:53:59 ↗
No.
Rashida Tlaib 1:54:00 ↗
You weren't?
Les Wexner 1:54:02 ↗
No.
Rashida Tlaib 1:54:02 ↗
Okay, so the article suggests that Epstein would bill you and your wife for at least one of these payments in 2005. Quote, 'as we have in prior years.' That's evidence within the Department of Justice, Mr. Wexner. Were you aware of these $25,000 quarterly payments coming from your accounts in 2005 and earlier?
Les Wexner 1:54:24 ↗
Not till this moment.
Rashida Tlaib 1:54:26 ↗
You know, Mr. Wexner, I'm watching this all unfold and I just want you to know it's incredibly hard for people to understand you don't know this. Maybe you don't know the specific details. Maybe you don't know the dollar amounts. But Epstein was able to be empowered and enabled to hurt more people with your money. You understand that?
Les Wexner 1:54:50 ↗
How he is a crook?
Rashida Tlaib 1:54:51 ↗
I know. But you don't know the purpose of the payment and the money's coming from you. It's your money. And you don't know why he's paying a doctor at Ohio State University.
Les Wexner 1:55:01 ↗
Sadly, I don't.
Rashida Tlaib 1:55:03 ↗
Did you introduce him to Dr. Landon?
Les Wexner 1:55:05 ↗
No.
Rashida Tlaib 1:55:06 ↗
How did he meet Dr. Landon?
Les Wexner 1:55:08 ↗
I wouldn't know that he met him.
Rashida Tlaib 1:55:09 ↗
Because your wife received services from Dr. Michael Landon.
Les Wexner 1:55:15 ↗
Yes, and so did my daughter.
Rashida Tlaib 1:55:16 ↗
Okay. So was it a routine practice for the New York State Strategy Group's expenses to be paid by your accounts?
Les Wexner 1:55:24 ↗
I never heard of it.
Rashida Tlaib 1:55:25 ↗
It's weird because it's your money going in to pay for the consulting services of another company.
Les Wexner 1:55:33 ↗
It's weird to me, too.
Rashida Tlaib 1:55:34 ↗
So Dr. Landon never talked to you about these quarterly payments.
Les Wexner 1:55:37 ↗
Never. Never.
Rashida Tlaib 1:55:40 ↗
Something else that comes up, because one of the claims that you're saying that you're not close friends and everything. You know, some of us have access to the redacted emails. Some of us already, I think the majority of us have gone down there. There are constant claims from survivors again, they're redacted from some of the communication directly with Maxwell or directly with other women at the Ohio State University and your name comes up synonymously sometimes with Epstein. Did you know that?
Les Wexner 1:56:10 ↗
Well, I know that now.
Rashida Tlaib 1:56:11 ↗
Well, they also said that you were lovers. And I know it's nothing to be ashamed of. I just want you to know.
Les Wexner 1:56:19 ↗
It's okay.
Rashida Tlaib 1:56:19 ↗
No, no, it's nothing to be ashamed of, but it would explain the closeness that everyone consistently says — no one ever says you're not close. Everyone says you had a close relationship, that you and Epstein were close friends. Did you know that?
Counsel 1:56:37 ↗
Objection, hearsay.
Rashida Tlaib 1:56:39 ↗
Okay. I think, Mr. Wexner, did you provide us with the name of every registered legal entity — and this is important because if you don't know now, then give us the information. Help us find the people that hurt the girls with your money. I'm asking and urging you to please. You started your business with your Aunt Ida's money. You don't want your legacy to be not just Epstein, but Dr. — what is the guy's other name? Dr. Richard Strauss?
Les Wexner 1:57:04 ↗
Mhm.
Rashida Tlaib 1:57:04 ↗
It's Richard Strauss who also — well, it doesn't matter. You were chair of the Ohio State University. You were the board chair at the time that he hurt other women athletes on campus. This is to say to you, it's not only one person that hurt women, but now two that are affiliated with you directly. And I just want to urge you that if you don't know the answers to this, follow up with our committee. Give us the information so we can find out who hurt the women and who benefited from it. So, could you provide us with the name of every registered legal entity of which you were the beneficial owner between the start of your relationship with Mr. Epstein and his death? Can you provide that to the committee, sir?
Les Wexner 1:57:46 ↗
I would provide you with everything and anything I could to nail that son of a —
Rashida Tlaib 1:57:51 ↗
Where they were registered, and the date of registration, and the names of whoever acted as the agent of those entities.
Counsel 1:57:57 ↗
Can I request that you just put that request in writing and direct it to me, and we will take it and respond to you.
Rashida Tlaib 1:58:06 ↗
And it's important because, Mr. Wexner, so you know, the survivors told us to follow the money consistently. The other question, and this will be my last. You claim that you have been a victim and defrauded by Epstein, correct?
Les Wexner 1:58:23 ↗
Correct.
Rashida Tlaib 1:58:23 ↗
Then why didn't you file charges, go after him? He used money to hurt girls and probably young men. Why didn't you do anything to recoup your name, which has been synonymous with Epstein? Do you know your name comes up in the emails among victims who never met you, but your name was used consistently?
Les Wexner 1:58:49 ↗
I'm not sure I understand what the question is.
Rashida Tlaib 1:58:51 ↗
The question is why didn't you file any charges against Epstein if he conned you of $200 million that we know of? Why didn't you go after him?
Les Wexner 1:59:00 ↗
Well, at the time I didn't know.
Rashida Tlaib 1:59:03 ↗
And when you found out, why didn't you go after him? Is it because he was a good friend?
Les Wexner 1:59:10 ↗
No.
Rashida Tlaib 1:59:14 ↗
You had —
Les Wexner 1:59:14 ↗
My dad is probably laughing. You know, one of the things — no, one of the things my dad told me that you don't get in a pissing contest with an elephant. And running a public company for a long time, I'm not good at public relations or financial public relations. And so I would answer questions to analysts, I'd call people up and I'd tell them the truth. And what I learned in the course of my business career is whether it was my chief of staff, the company lawyer, personal lawyers, what should I do? And the advice is, let us handle it. Don't you don't want to get ahead of this. So I'm happy that today is happening because I want to help and I would do everything I can to nail that son of a —
Rashida Tlaib 1:59:36 ↗
Please just let him finish.
Les Wexner 1:59:37 ↗
And I can't tell you how much I value my own ethics, my own moral compass, that it has a true north. And what I think happened, now knowing about all the cons, is that Jeffrey would tell somebody that they were me or this was somebody else. I don't — you and I've never met, right? I don't recognize you, but you're a congresswoman, I presume you're not a man in woman's clothing. I didn't know. And I — this is —
Rashida Tlaib 2:00:01 ↗
You know now you can do something about it.
Les Wexner 2:00:03 ↗
Oh, yeah.
Rashida Tlaib 2:00:04 ↗
So Wexner, you claim that you cut ties with Epstein in 2008, right? Okay. But you emailed Epstein, quote, 'Abigail told me the response. All I can say is I feel sorry. You violated your own number one rule. Always be careful.' End of quote. That was an email in 2008, Mr. Wexner. I know. I'm letting you know that the public knows.
Les Wexner 2:00:24 ↗
Probably I was giving him the finger.
Rashida Tlaib 2:00:26 ↗
Okay, that's it. Thank you.
Dave Min 2:00:28 ↗
Mr. Wexner, really briefly, did the FBI or the Department of Justice ever directly speak to you about Epstein or Maxwell? Has the FBI or DOJ ever directly contacted you or spoken to you about Epstein or —
Les Wexner 2:00:40 ↗
Not to my knowledge.
Dave Min 2:00:41 ↗
Never?
Les Wexner 2:00:41 ↗
Never.
Dave Min 2:00:41 ↗
And then finally, would you consider Donald Trump and Jeffrey Epstein friends or friendly? Would you classify them that way in the information that you have?
Les Wexner 2:00:56 ↗
I think it's really two questions. Would I think they were friends? No. Jeffrey Epstein held him out as a friend.
Dave Min 2:01:07 ↗
Great. Thank you.
Deposition Questioner 2:01:09 ↗
We can go off the record.
Court Reporter 2:01:18 ↗
We'll go back on the record.
Deposition Questioner 2:01:18 ↗
What's that? That is a microphone. Mr. Wexner, it is 1:17 in the afternoon. Our minority colleagues touched on a lot of different subject areas, and I just want to go back through and parcel out some things. First though, I want to enter as exhibit five, the letter from Les.
This document is titled 'Letter from Les,' general news directed to the Wexner Foundation community. I will stipulate to you there's no date on here. The date it was posted on the website was August 8th, 2019. Do you guys have any reason to dispute that?
In this letter that you wrote in August of 2019, you mentioned that Mr. Epstein had various well-known, respected individuals as financial clients and in his inner circle. My question to you is, could you elaborate a little bit to who some of those financial clients were that you were aware of?
Les Wexner 2:02:48 ↗
Look, to — just to — it says Epstein represented that he had that. He wouldn't know if he did or not.
Deposition Questioner 2:02:54 ↗
Were you aware of any of Mr. Epstein's other clients?
Les Wexner 2:03:01 ↗
Let me think. Well, specifically I talked to Elie de Rothschild, and I mentioned that earlier. So he represented their whole family. Said there were a whole bunch of people, most of them I never would have met, but I knew Elie. I never met people, but there were people that called me that either insinuated or said they knew Jeffrey through a financial relationship. And sorry, they could have been actors, but at the time — a guy calls me up, I'll give you an example. He would say, like, I'm providing financial advice to the founders of Google. I'm providing financial advice to Jeff Bezos. I'm providing financial advice for the chief technologist at Google. And well, I'm in good company because these are really smart guys with a lot of money. And you have to put yourself in the mindset — if my attorney said he was qualified to argue in front of the Supreme Court, I'd believe him. I didn't say that, call the Supreme Court and say, is he really an attorney or did he do this? And I'd get a phone call from someone like a guy named Myerwalt. He was the chief — who said he was the chief technology of Google. You know, Jeffrey has been helping me as his financial advisor. I told Jeffrey I was building a boat and he told me to call you. I said never build a boat, but because I hadn't. But if I wanted to build a boat, I would go to Feadship because reputationally they're the best boat builders. Then it was — it's the part that is so embarrassing is what a con it was. Like I don't know if you believe your priest or your minister or your rabbi is what they are, you believe them. And people would call — it was mostly phone calls — people would say, or if you'd bump into somebody, Jeffrey's my advisor or Jeffrey's talked to me about stuff or Jeffrey's helped me with financial things. I can't remember specifically. But as I look back at it, it was part of the con. So, I never met Myerwalt.
Deposition Questioner 2:04:05 ↗
Can I have one second? Just because I think it will move this thing along a little faster. Stop telling stories, okay? Just answer the question. Mr. Wexner, you mentioned some of these phone calls from other individuals, boasting about their ties with Mr. Epstein. Do you have a recollection of when most of these would have occurred, these phone calls?
Les Wexner 2:04:26 ↗
Pretty regularly. But I specifically can't remember any of them.
Deposition Questioner 2:04:31 ↗
All right, sir. In majority exhibit three, your written statement from this morning, you mentioned on the second page, I believe it is, second paragraph, approximately middle of the paragraph, that you consulted A. Greenberg and Jimmy Cayne of Bear Stearns, Epstein's former employer. Did I read that correctly?
Les Wexner 2:05:03 ↗
Correct.
Deposition Questioner 2:05:03 ↗
What did you reach out to Mr. Greenberg and Mr. Cayne about at Bear Stearns with regard to Mr. Epstein?
Les Wexner 2:05:12 ↗
Checking references.
Deposition Questioner 2:05:12 ↗
And as far as checking those references, did anything come up surprising to you about Mr. Epstein's background?
Les Wexner 2:05:23 ↗
All positive.
Deposition Questioner 2:05:23 ↗
And Bear Stearns has previously reported that Mr. Epstein didn't have a degree or some of the proper qualifications for his job there. Did you have any reason to doubt the qualifications of Mr. Epstein when it related to being your financial advisor?
Les Wexner 2:05:51 ↗
I don't recall that I ever questioned that. That he had a degree. I don't remember asking the question.
Deposition Questioner 2:06:00 ↗
And so going off of that, other than making some phone calls to some individuals, did you ever formally check into Mr. Epstein's past?
Les Wexner 2:06:11 ↗
Not beyond talking to the people I mentioned.
Deposition Questioner 2:06:19 ↗
Understood. You also state — sorry to jump back and forth. The letter from Les, exhibit five, that same paragraph, the third one in the middle there. The last sentence after the comma says, 'I believed I could trust him.' What about him, being Mr. Epstein, did you — that you thought you could trust him?
Les Wexner 2:06:50 ↗
Well, I put him in a position of trust. He was a fiduciary. He was to act in my interest and I trusted that he could do that.
Deposition Questioner 2:07:06 ↗
And your trust in him came before he actually handled any of your finances. Is that correct?
Les Wexner 2:07:13 ↗
Correct. Initially he was like a friend of a friend who I perceived of as being skilled to review Harold's work.
Deposition Questioner 2:07:22 ↗
Understood. Moving along a little bit. You may have touched on this with our minority colleagues. What was the rough portfolio that Mr. Epstein was handling for you?
Les Wexner 2:07:38 ↗
Probably all my personal finance, houses, equipment, cars, just inventorying of stuff. This — the stuff — I don't know. All the financial things that someone would handle outside of their business. I had someone do it because it was so much stuff.
Deposition Questioner 2:08:02 ↗
And your previous financial advisor previous to Mr. Epstein, did that individual have power of attorney?
Les Wexner 2:08:14 ↗
I don't specifically remember it, but I think he did.
Deposition Questioner 2:08:18 ↗
And Mr. Epstein did have power of attorney over your financial matters?
Les Wexner 2:08:22 ↗
Yeah, and as did Dennis.
Deposition Questioner 2:08:24 ↗
And why did this become your practice to give them power of attorney?
Les Wexner 2:08:34 ↗
But so busy traveling so much, the papers had to be signed, tax returns filed, people had to act on my behalf, so many things to sign. So I needed to have somebody to do that.
Deposition Questioner 2:08:50 ↗
Understood. How involved were you with Mr. Epstein's determinations over your finances? Did you have any involvement?
Les Wexner 2:09:03 ↗
I'm confused by what determinations mean.
Deposition Questioner 2:09:05 ↗
More of like, did you have any oversight of what Mr. Epstein was doing as your financial advisor?
Les Wexner 2:09:14 ↗
Well, I'm sure I did at the time, yeah.
Deposition Questioner 2:09:17 ↗
And did he bring every decision to you, some decisions to you? What did that look like?
Les Wexner 2:09:23 ↗
I don't know. I was running a 20-division business, a community responsibility. So if you ask me what the president of the university brought to me or what the head of the foundation, I can't remember, but I was involved in everything except just a lot of stuff.
Deposition Questioner 2:09:45 ↗
So is it a fair characterization of your testimony that Mr. Epstein had pretty wide latitude over your financial affairs?
Les Wexner 2:09:59 ↗
Yes, I — that's fair, pretty wide.
Deposition Questioner 2:10:06 ↗
And Mr. Epstein had access to your personal bank accounts. Is that correct?
Les Wexner 2:10:10 ↗
I don't recall.
Deposition Questioner 2:10:12 ↗
Do you recall if he had access to any of your business bank accounts?
Les Wexner 2:10:15 ↗
He — I'm sure he wouldn't.
Deposition Questioner 2:10:19 ↗
Did Mr. Epstein ever ask you to lend him money for any reason?
Les Wexner 2:10:23 ↗
No.
Deposition Questioner 2:10:26 ↗
Did Mr. Epstein ever make any attempt to blackmail you for any reason?
Les Wexner 2:10:29 ↗
No.
Deposition Questioner 2:10:38 ↗
Did Mr. Epstein's control over your personal finances extend to any decisions that affected the rest of your family members?
Les Wexner 2:10:55 ↗
Mr. Epstein — yes, he did. I want to say no, but I know that he was involved with the children's trust because I learned that today. Or what he did that I didn't know — that would have been personal, I don't know what I don't know. But to my knowledge, he wouldn't have in a civilian way been involved.
Deposition Questioner 2:11:17 ↗
And just to clarify, to your testimony earlier about setting up trust for your children, was Mr. Epstein the one who helped set up the trust for your children?
Les Wexner 2:11:32 ↗
I don't recall.
Deposition Questioner 2:11:36 ↗
Did Mr. Epstein handle any other financial decisions in regard to your children?
Les Wexner 2:11:41 ↗
Not that I'm aware of.
Deposition Questioner 2:11:48 ↗
I'm sorry, going to switch gears a little bit here about your foundation. Why ultimately did Mr. Epstein become a trustee of your foundation?
Les Wexner 2:12:00 ↗
Just convenience. For signing documents. Financial oversight. Not for the operation of the foundation, its purpose, or review of people. It was just part of the complexity of my personal life.
Deposition Questioner 2:12:21 ↗
And forgive my ignorance. You have usually board members of foundations and separately trustee members. Is that an accurate statement?
Les Wexner 2:12:42 ↗
I wish I had category two. I think we just had trustees.
Deposition Questioner 2:12:46 ↗
Okay. And just to clarify, Mr. Epstein — did he receive any compensation for his role on the board of the Wexner Foundation?
Les Wexner 2:13:02 ↗
Not to my knowledge.
Deposition Questioner 2:13:10 ↗
Do you recall who Mr. Epstein replaced on the board or how that board seat became available to him?
Les Wexner 2:13:18 ↗
No.
Deposition Questioner 2:13:20 ↗
Did your mother used to be a member of the foundation board?
Les Wexner 2:13:25 ↗
I think so.
Deposition Questioner 2:13:26 ↗
And was — due to circumstances was she forced to step down from the board?
Les Wexner 2:13:36 ↗
No.
Deposition Questioner 2:13:38 ↗
She left her board position willingly?
Les Wexner 2:13:42 ↗
Yes.
Deposition Questioner 2:13:48 ↗
Can you describe in a little bit more detail the circumstances for why your mother left the board of the Wexner Foundation?
Les Wexner 2:14:08 ↗
I don't recall. Probably age.
Deposition Questioner 2:14:16 ↗
Mr. Wexner, what sort of materials did you use to prepare for today's deposition?
Counsel 2:14:28 ↗
I'm going to object to anything that counsel showed him. That's my work product. Anything you reviewed on his —
Deposition Questioner 2:24:36 ↗
A few documents and smart advice, like just answer questions. If you don't know, don't guess. What did your attorney tell you?
Les Wexner 2:24:47 ↗
Yeah, I mean, nothing.
Say it again.
Deposition Questioner 2:24:55 ↗
What documents or other materials did you use in preparation for today's deposition other than anything that your lawyers showed you?
Les Wexner 2:25:02 ↗
Oh, nothing.
Deposition Questioner 2:25:05 ↗
Are you aware of any litigation from your mother and the Wexner Foundation about her stepping down from the board?
Les Wexner 2:25:14 ↗
No.

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Wexner, L. (2026, August 9). Les Wexner Deposition: L Brands Billionaire Questioned About Epstein Ties (Full Video) [Interview transcript]. John M. Phillips. CEOInterviews.AI. https://ceointerviews.ai/interview/1180585/

MLA

Les Wexner. "Les Wexner Deposition: L Brands Billionaire Questioned About Epstein Ties (Full Video)." John M. Phillips, 9 Aug. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/1180585/.

BibTeX
@misc{wexner2026_1180585,
  author       = {Les Wexner},
  title        = {Les Wexner Deposition: L Brands Billionaire Questioned About Epstein Ties (Full Video)},
  howpublished = {Interview transcript, John M. Phillips. CEOInterviews.AI},
  year         = {2026},
  month        = {aug},
  url          = {https://ceointerviews.ai/interview/1180585/},
  note         = {Speaker-attributed transcript with timestamps}
}