Les Wexner Testimony Sparks New Epstein Controversy as Lawmakers Question Billionaire’s Claims

Nearly seven years after the death of disgraced financier Jeffrey Epstein, one of his most powerful former associates has finally spoken under oath — and the answers are stirring fresh controversy.

Billionaire retail mogul Les Wexner, once Epstein’s closest financial client, faced intense questioning from U.S. lawmakers during a closed-door congressional deposition tied to newly released Epstein files. While Wexner insists he was deceived by a “world-class con man,” investigators and critics say the testimony may have raised as many questions as it answered.

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Who Is Les Wexner — and Why His Testimony Matters

Wexner, the former head of the retail empire behind brands like Victoria’s Secret and Abercrombie & Fitch, played a pivotal role in Epstein’s rise to wealth and influence.

The two men began working together in the 1980s, with Epstein eventually gaining extraordinary control over Wexner’s finances, including power of attorney in the early 1990s. That relationship helped Epstein build credibility among elites and expand his network of powerful contacts. (Forbes)

Congressional investigators are now examining whether Epstein used those connections to enable or conceal his criminal activities.

Wexner’s Core Defense: “I Was Duped”

During the deposition, Wexner repeatedly argued that he had no knowledge of Epstein’s sexual abuse crimes and described himself as a victim of deception.

He told lawmakers Epstein carefully hid his criminal life while presenting himself as a sophisticated financial adviser. Wexner said he severed ties in 2007 after discovering financial misconduct and learning Epstein was dishonest. (Forbes)

In prepared remarks, the billionaire claimed he had “nothing to hide,” insisting he never witnessed abuse nor participated in any illegal activity connected to Epstein. (WOSU Public Media)

He also rejected long-standing claims that he gifted Epstein a Manhattan townhouse, stating the property was sold at market value instead.

Lawmakers Remain Skeptical

Despite Wexner’s denials, several Democratic lawmakers expressed doubts about his testimony.

Investigators questioned how someone who worked closely with Epstein for decades could remain unaware of alleged misconduct. Some lawmakers argued the relationship appeared far deeper than Wexner portrayed, noting Epstein managed enormous portions of his wealth and maintained close access to his business world. (Forbes)

Critics also pointed to Justice Department documents where Wexner’s name appeared extensively, including references labeling him a “co-conspirator,” though he has never been charged with a crime. (Forbes)

The deposition reportedly lasted several hours and is part of a broader congressional effort to map Epstein’s network of associates and financial enablers.

The Financial Relationship That Built Epstein’s Reputation

Investigators say Epstein’s connection to Wexner may have been central to his rise.

By managing the billionaire’s fortune, Epstein gained legitimacy that allowed him to present himself as a trusted adviser to influential figures. Lawmakers believe that reputation helped Epstein attract powerful contacts — and, according to lawsuits, allegedly helped him lure victims by leveraging elite associations. (Forbes)

Wexner maintains that Epstein misused his name and connections without his knowledge and even stole millions from him before partially repaying the funds through a private settlement. (Forbes)

Visits, Properties, and Controversial Claims

During questioning, Wexner acknowledged briefly visiting Epstein’s private island but said the trip lasted only a short time and included family members. He denied flying on Epstein’s private jet and claimed he believed women around Epstein were employees rather than victims. (Forbes)

Lawmakers, however, suggested Americans may still demand clearer explanations once the full testimony becomes public.

The ongoing investigation aims to clarify how Epstein operated for years while maintaining relationships with influential individuals across politics, finance, and business.

Why the Epstein Investigation Isn’t Over Yet

The deposition marks just one phase of a wider congressional probe seeking transparency around previously sealed Epstein records.

Officials say additional witnesses connected to Epstein’s network could face questioning as lawmakers attempt to determine who knew what — and when.

While Wexner insists he was merely another person misled by Epstein, investigators continue to scrutinize the depth of their relationship and whether warning signs were overlooked.

The Bigger Picture: Accountability vs. Unanswered Questions

For many observers, the testimony highlights the enduring complexity of the Epstein scandal. Even years after Epstein’s death, revelations about his financial backers and social circle continue to emerge.

Whether Wexner’s statements will close chapters of the investigation or spark new inquiries remains uncertain. But one thing is clear: the Epstein case still casts a long shadow over powerful institutions and individuals alike.

Conclusion

Les Wexner’s deposition was expected to bring clarity to one of the most controversial relationships tied to Jeffrey Epstein — yet it appears to have deepened public debate instead. As lawmakers analyze testimony and additional documents surface, the push for accountability in the Epstein network shows no signs of slowing down.

The coming months may determine whether this testimony represents closure — or the beginning of another explosive phase in a scandal that refuses to fade.