{"id":83737,"date":"2026-06-04T22:59:09","date_gmt":"2026-06-04T22:59:09","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/sen-ron-wyden-wants-to-know-why-leon-black-paid-epstein-170-million-for-tax-planning-over-5-year-period\/"},"modified":"2026-06-04T22:59:09","modified_gmt":"2026-06-04T22:59:09","slug":"sen-ron-wyden-wants-to-know-why-leon-black-paid-epstein-170-million-for-tax-planning-over-5-year-period","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/sen-ron-wyden-wants-to-know-why-leon-black-paid-epstein-170-million-for-tax-planning-over-5-year-period\/","title":{"rendered":"Sen. Ron Wyden wants to know why Leon Black paid Epstein $170 million for tax planning over 5-year period"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>Democratic Sen. Ron Wyden of Oregon is demanding that a House panel question billionaire <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/jeffrey-epstein-leon-black-emails\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Leon Black<\/a><\/span> over the extraordinary sums he paid <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/feature\/jeffrey-epstein\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Jeffrey Epstein<\/a><\/span> for tax advice when he testifies before the House Oversight Committee later this month.<\/p>\n<p><a href=\"https:\/\/www.finance.senate.gov\/imo\/media\/doc\/wyden_letter_to_house_oversight_on_leon_black-epstein_060426.pdf\" target=\"_blank\" rel=\"noopener\">In a letter Thursday<\/a> to the committee&#8217;s chairman, GOP Rep. James Comer of Kentucky, and Democratic Ranking Member Rep. Robert Garcia, Wyden outlined the results of a four-year investigation into Black&#8217;s relationship with Epstein.<\/p>\n<p>Wyden wrote in his letter that Black paid Epstein $170 million between 2012 and 2017 for tax and estate planning advice.<\/p>\n<p>&#8220;To date, I do not believe Black has provided a credible explanation as to why he paid Epstein amounts that vastly exceeded those paid to other professional advisors involved in his tax and estate planning,&#8221; Wyden wrote.<\/p>\n<p>Wyden&#8217;s letter notes that in 2013 and 2014, Black also paid a law firm $2 million for estate planning, a small fraction of what he paid Epstein during those years.<\/p>\n<p>&#8220;Black&#8217;s attorneys from premier law firms demand rates exceeding $1,000 an hour, yet Epstein was paid exponentially more than a small army of high-priced lawyers from firms,&#8221; Wyden wrote.<\/p>\n<p>Wyden had written to Black in March to demand answers to questions related to revelations from the so-called Epstein files about Black&#8217;s &#8220;significant personal and financial entanglements with Epstein.&#8221;<\/p>\n<p>Adam Fridman, an attorney for Black, responded in April, writing to Wyden that, &#8220;those materials do not contain any credible evidence that Mr. Black was aware of, or involved with, Mr. Epstein&#8217;s then-ongoing criminal activities.&#8221;\u00a0<\/p>\n<p>Fridman also accused Wyden, the ranking member of the Senate Finance Committee, of seeking information outside the committee&#8217;s jurisdiction.<\/p>\n<p>&#8220;We see no discernable legitimate legislative purpose underpinning the March 20 Letter,&#8221; Fridman wrote. &#8220;Congressional investigations are not vehicles for public inquiries about an individual private citizen&#8217;s personal life.&#8221;<\/p>\n<p>Still, Wyden said Black has &#8220;refused&#8221; to respond to questions about &#8220;outstanding irregularities&#8221; related to his payments to Epstein.<\/p>\n<p>A spokesperson for Black declined to comment Thursday.<\/p>\n<p>Susan Estrich, an attorney for Black, told CBS News in December that Black requested an internal investigation at Apollo of his relationship with Epstein. The law firm, Dechert LLP, &#8220;investigated and reviewed more than 60,000 documents and concluded that Mr. Black paid Epstein for estate planning and tax advice, no more, no less,&#8221; Estrich said.<\/p>\n<p>Wyden also claimed that recently unsealed DOJ records &#8220;appear to indicate that Black may have funneled hush money payments to women using Jeffrey Epstein as a middleman,&#8221; and that Epstein &#8220;kept close tabs of women who Black had reached settlements\/NDAs with and reached out to Russian government officials to help Black with these so-called problems.&#8221;<\/p>\n<p>Wyden&#8217;s letter refers to an October 2017 email exchange in which a woman, described as an associate of Black&#8217;s, wrote to Epstein, &#8220;L mentioned he&#8217;s going to transfer me $100,000 but I&#8217;ve received $28,000.&#8221;<\/p>\n<p>&#8220;The &#8216;L&#8217; here seemingly refers to [Leon] Black,&#8221; Wyden wrote.\u00a0<\/p>\n<p>Wyden also flagged a $62 million legal settlement between Black and the government of the U.S. Virgin Islands &#8220;for all issues related to Jeffrey Epstein.&#8221;\u00a0<\/p>\n<p>&#8220;It is unclear what potential conduct this criminal immunity was intended to cover,&#8221; Wyden wrote.<\/p>\n<section class=\"content__body--footer\">\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<div class=\"component__item-recirc-block\">\n<p><h3 class=\"component__title\">Go deeper with The Free Press<\/h3>\n<\/p><\/div>\n<\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/sen-ron-wyden-leon-black-paid-epstein-170-million-tax-planning\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Democratic Sen. Ron Wyden of Oregon is demanding that a House panel question billionaire Leon Black over the extraordinary sums<\/p>\n","protected":false},"author":1,"featured_media":83738,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[3283],"class_list":["post-83737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us","tag-jeffrey-epstein"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sen. Ron Wyden wants to know why Leon Black paid Epstein $170 million for tax planning over 5-year period - World News<\/title>\n<meta name=\"description\" content=\"Jeffrey Epstein was paid extraordinary sums by billionaire Leon Black, and Sen. 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