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WED · 2026-02-18 · 20:58 GMTBRIEF NSR-2026-0218-17361
News/Les Wexner: How the billionaire enabled /Billionaire Les Wexner tells US lawmakers he was 'naive' and…
NSR-2026-0218-17361News Report·EN·Legal & Judicial

Billionaire Les Wexner tells US lawmakers he was 'naive' and 'conned' by Epstein

Billionaire Les Wexner testified before a congressional panel investigating Jeffrey Epstein, claiming he was "naive" and "conned" by the late sex offender. Wexner, the former CEO of Victoria's Secret, stated that Epstein stole "vast sums" of money while working as his financial advisor.

BBC News - WorldFiled 2026-02-18 · 20:58 GMTLean · CenterRead · 2 min
Billionaire Les Wexner tells US lawmakers he was 'naive' and 'conned' by Epstein
BBC News - WorldFIG 01
Reading time
2min
Word count
472words
Sources cited
5cited
Entities identified
10entities
Quality score
100%
§ 01

Briefing Summary

AI-generated
NEWSAR · AI

Billionaire Les Wexner testified before a congressional panel investigating Jeffrey Epstein, claiming he was "naive" and "conned" by the late sex offender. Wexner, the former CEO of Victoria's Secret, stated that Epstein stole "vast sums" of money while working as his financial advisor. The House Oversight Committee questioned Wexner about his relationship with Epstein and whether he knew about or enabled Epstein's crimes. Lawmakers allege Wexner's financial support was crucial to Epstein's wealth and activities. Wexner denied any wrongdoing or knowledge of Epstein's abuse, stating he cut ties after the initial accusations. The deposition took place in Ohio, Wexner's home state, with only Democratic lawmakers in attendance.

Confidence 0.90Sources 5Claims 5Entities 10
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Article analysis

Model · rule-based
Framing
Legal & Judicial
Political Strategy
Tone
Measured
AI-assessed
CalmNeutralAlarmist
Factuality
0.80 / 1.00
Factual
LowHigh
Sources cited
5
Well sourced
FewMany
§ 03

Key claims

5 extracted
01

Wexner said he had visited Epstein's private island for 'a few hours' with his family.

quoteLes Wexner
Confidence
1.00
02

No charges were ever brought against Wexner.

factualnull
Confidence
1.00
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Wexner accused Epstein of stealing 'vast sums' of money from his family.

quoteLes Wexner
Confidence
1.00
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Les Wexner said he was 'naive, foolish and gullible' for trusting Jeffrey Epstein.

quoteLes Wexner
Confidence
1.00
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Wexner was described as a potential co-conspirator of Epstein's in a 2019 FBI document.

factualnull
Confidence
0.90
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Full report

2 min read · 472 words
2 hours agoAna FaguyGetty ImagesUS billionaire Les Wexner, who is alleged to have played a key role in helping Jeffrey Epstein build his wealth, has said he was "naive, foolish and gullible" for trusting the late sex offender.In a statement to US lawmakers, the former CEO of Victoria's Secret lingerie brand accused Epstein of stealing "vast sums" of money from his family when working as his financial adviser.Wexner, who was testifying to a congressional panel as part of its Epstein probe, has denied any wrongdoing. Lawmakers accused him of knowing about Epstein's crimes, and failing to stop them.He was described as a potential co-conspirator of Epstein's in a 2019 FBI document, but no charges were ever brought against him.Wexner was called before the House of Representatives Oversight Committee on Wednesday to answer questions about his relationship with Epstein in the wake of the release of thousands of documents related to the financier's wrongdoing.Members of the committee travelled to Ohio, the retail mogul's home state, for the testimony. Only Democratic lawmakers attended the deposition. No Republican lawmakers travelled for it, though some of their staff members did attend."We should be very clear that there would be no Epstein island, there'd be no Epstein plane, there'd be no money to traffic women and girls," congressman Robert Garcia, of California, said. "Mr Epstein would not be the wealthy man he was without the support of Les Wexner."Watch: Watch: Democrats say Les Wexner provided "financial support" to Epstein following depositionWexner, in his opening statement, defended those mentions by saying his relationship with Epstein was limited, and denied any knowledge of the convicted sex offender's abuse."I was naive, foolish and gullible to put any trust in Jeffrey Epstein," he said. "He was a conman. And while I was conned, I have done nothing wrong and have nothing to hide."He said he was "pleased to testify" and wanted "to set the record straight". Wexner also said he had visited Epstein's private island for "a few hours" with his family.The pair's relationship dates back to the 1980s and Wexner has said he cut ties after Epstein was accused of sexually abusing children in Florida.Wexner said he later discovered Epstein "had misappropriated vast sums of money from me and my family", a statement he repeated in his opening remarks.The retail magnate was identified in a 2019 FBI document as a potential co-conspirator. A separate email also said there was "limited evidence regarding his involvement".Deputy US Attorney General Todd Blanche previously said Wexner's name "appears in the files thousands of times".Wexner's lawyers recently told the BBC: "The Assistant US Attorney told Mr Wexner's legal counsel in 2019 that Mr Wexner was being viewed as source of information about Epstein and was not a target in any respect."Mr Wexner co-operated fully by providing background information on Epstein and was never contacted again."
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Entities

10 identified
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Keywords & salience

9 terms
les wexner
1.00
jeffrey epstein
1.00
sex offender
0.80
financial support
0.70
misappropriated funds
0.60
congressional panel
0.60
sex trafficking
0.50
co-conspirator
0.50
victoria's secret
0.40
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Topic connections

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