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Leon Black tells House Oversight Committee Epstein ‘duped’ him out of more than $60 million
The Apex Times

THE APEX TIMES

Politics/The Apex Times/Jun 26, 9:21 AM EDT

Leon Black tells House Oversight Committee Epstein ‘duped’ him out of more than $60 million

Former Apollo Global Management executive Leon Black, in a prepared statement submitted to the House Oversight and Government Reform Committee, says he was deceived by Jeffrey Epstein and lost more than $60 million.

Leon Black, the former chief executive of Apollo Global Management, said in a prepared statement provided to the House Oversight and Government Reform Committee that Jeffrey Epstein “duped” him out of more than $60 million. Black made the remarks as lawmakers continued reviewing allegations and records tied to Epstein, according to the statement reported by CNBC Politics.

In the prepared statement, Black addressed his prior relationship with Epstein, characterizing Epstein as someone he knew in one role but did not understand in another. Black said, “I knew Jekyll. I didn’t know Hyde,” a reference used in the CNBC report as part of Black’s description of what he believed Epstein was doing versus what Black says he later learned.

Black’s comments centered on the financial impact he attributed to Epstein. The statement reported by CNBC says Black was “duped” out of more than $60 million, indicating the amount he alleges was lost because of Epstein’s conduct, the nature of which Black described without detailing additional figures beyond the reported total.

The House Oversight and Government Reform Committee is a standing panel responsible for investigating matters related to federal government oversight, including, as relevant here, how Epstein-related activity intersected with individuals and institutions. Black’s submission is part of the record lawmakers compile during oversight inquiries, with statements used to document a witness’s account.

The statement adds to a growing body of public claims from people who dealt with Epstein, many of which have been disputed or contested in past proceedings involving Epstein. While Black’s statement makes specific allegations about deception and financial harm, it does not by itself establish wrongdoing under any particular law, and the allegations remain subject to the committee’s review and any related legal processes.

For the committee, the practical effect of the submission is to place Black’s version of events into the oversight file. As lawmakers evaluate how Epstein operated and what individuals and entities knew or did not know, statements like Black’s can shape requests for documents, follow-up questions to witnesses, and potential referrals if the committee determines that additional evidence supports further action.

Why It Matters

  • The statement provides the committee a specific monetary figure that Black attributes to Epstein-related deception, which can influence the scope of follow-up requests.
  • Submitting testimony or statements to House oversight panels can lead to document demands and additional witness questioning if lawmakers deem information incomplete or inconsistent with other materials.
  • Public inclusion of these allegations can affect how lawmakers and courts evaluate competing accounts of what witnesses knew and when.

Sources

Key Facts

  • Leon Black submitted a prepared statement to the House Oversight and Government Reform Committee, according to a CNBC Politics report.
  • Black said Jeffrey Epstein “duped” him out of more than $60 million.
  • Black used the line “I knew Jekyll. I didn’t know Hyde” in describing his understanding of Epstein, as reported by CNBC.
  • The CNBC report frames the statement as part of the committee’s continuing Epstein-related oversight work.
  • The statement’s allegations focus on deception and the claimed financial loss, without additional quantified amounts beyond the reported total.
Leon Black tells House Oversight Committee Epstein ‘duped’ him out of more than $60 million | The Apex Times