Billionaire Leon Black’s relationship with Jeffrey Epstein will be reviewed by an outside law firm, following a NYT report about the pair’s financial ties

  • Date: 21-Oct-2020
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
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Billionaire Leon Black’s relationship with Jeffrey Epstein will be reviewed by an outside law firm, following a NYT report about the pair’s financial ties

Apollo Global Management and its CEO Leon Black have agreed to use an external law firm to review Black's ties with convicted sex offender Jeffrey Epstein.

Dechert LLP will conduct a "thorough review" of the information Black has provided about his ties to Epstein.

Black transferred at least $50 million in consulting and other fees to Epstein, despite telling his investors in 2019 that their relationship was "limited," The New York Times reported earlier in October.

Epstein was convicted for soliciting prostitution from a teenage girl in 2008. He was arrested again in July 2019, on federal charges for the sex trafficking of minors, and died in his jail cell in August 2019. His death was ruled a suicide.

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Apollo Global Management and its CEO, Leon Black,