Politics7/31/2025Bloomberg

Epstein’s Work for Leon Black Should Face IRS Probe, Wyden Says

In a Senate letter, Senator Ron Wyden called for an IRS investigation into the tax and estate planning work Jeffrey Epstein did for private equity billionaire Leon Black. Wyden criticized the Trump administration's handling of records related to Epstein's sex trafficking network, and argued that Epstein's work for Black should face further scrutiny. The letter highlights concerns about the potential tax implications and financial arrangements between Epstein and Black, who was previously the chairman of Apollo Global Management. Wyden's request for an IRS probe underscores the ongoing efforts to uncover the full extent of Epstein's activities and the connections between the convicted sex offender and powerful individuals. The case raises questions about the oversight and accountability surrounding high-net-worth individuals and their financial dealings.

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