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Virgin Islands to subpoena Leon Black, Apollo over Epstein ties

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August 24, 2020 | 2:08pm | Up to date August 24, 2020 | 2:33pm

US Virgin Islands authorities will concern subpoenas to Leon Black and his private-equity big Apollo International Administration, demanding that they fork over particulars of their ties to pedophile financier Jeffrey Epstein.

Black, a billionaire buyout king who’s chairman of New York’s Museum of Trendy Artwork, has come beneath scrutiny for sustaining ties with Epstein — who killed himself final 12 months whereas dealing with federal sex-trafficking expenses — even after his 2008 responsible plea to procuring a minor for intercourse.

The subpoenas are a part of a lawsuit that Virgin Islands Legal professional Common Denise N. George filed in opposition to Epstein’s property in January accusing him of sexually abusing underage women as just lately as final 12 months on his non-public islands Little St. James and Nice St. James, that are a part of the US Virgin Islands.

Final month, an Epstein accuser claimed in newly unsealed court docket paperwork that Epstein and his alleged madam Ghislaine Maxwell used the non-public islands to host “fixed” orgies and as soon as flew in a bunch of European fashions to meet their sexual fetishes.

George’s workplace — which needs Epstein’s property to forfeit the islands, and will distribute the greater than $500 million he left behind to his victims within the area — filed a replica of a sweeping subpoena with a court docket there final week looking for details about Apollo’s relationship to Epstein and entities linked to him, data present.

As The Put up has reported, Black listed Epstein as a director at his charity till the top of 2012, which he chalked as much as a clerical error. Black — who has mentioned he was “fully unaware” of the sex-trafficking expenses in opposition to Epstein — has mentioned the pervert cash supervisor gave him recommendation on taxes, property planning and philanthropy, however has stored mum on particulars.

In 2015, an organization tied to Black’s charitable basis donated $10 million to a charity backed by Epstein. Black additionally anonymously donated $5 million to the MIT Media Lab at Epstein’s urging, in line with a college report, in addition to a number of million {dollars} to Harvard professors.

The authorities have requested Apollo for monetary statements and account data going again to 1998, together with any correspondence the agency had with Epstein or his corporations in that point, in line with a replica offered to The Put up.

George’s workplace mentioned authorities filed separate subpoenas focusing on Black himself and different entities together with Black Household Companions and Elysium Administration, which reportedly deal with a part of Black’s $9 billion fortune.

The AG needs tax returns and monetary statements from these two corporations and are additionally looking for data from corporations Black has used to amass his non-public artwork assortment, in line with the New York Occasions, which first reported on the subpoenas Sunday.

The AG additionally needs Black handy over data associated to the Southern Belief Firm, Epstein’s startup that obtained tens of millions of {dollars} in charges from Black and his corporations, the Occasions reported. Southern Belief is one in every of greater than 40 “Epstein Entities” named within the Apollo subpoena.

It’s unsure when the subpoenas will likely be served because the coronavirus pandemic has largely shut down Virgin Islands courts, in line with the Occasions.

An Apollo spokesperson mentioned the corporate has by no means finished enterprise with Epstein. The spokesperson referred questions concerning the subpoenas to Black’s representatives, who didn’t instantly remark Monday.

A number of the details about Black’s funds to Epstein was unearthed in a evaluate by Deutsche Financial institution, which reached a $150 million settlement with New York regulators final month for lacking pink flags in Epstein’s funds, in line with the Occasions.

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