Victoria’s Secret CEO Les Wexer’s secrets are revealed – including those about Jeffrey Epstein.
RadarOnline.com can reveal the truth about the disturbing relationship between the lingerie brand CEO and the late billionaire pedophile.
An excerpt from Selling Sexy: Victoria’s Secret and the Unraveling of an American Icon explained further details about how Epstein found his way into Wexner’s growing empire.
In 1991, after only a few years of knowing each other, Wexner granted Epstein power of attorney, a role that gave him the legal authority to act on behalf of the CEO – including handling his finances.
A former top executive of the company stated in the book: “It just doesn’t make sense why (Wexner) did all that, to let Epstein control all his money. It was mind-boggling. Everyone thought Les was such a retail genius, and then he did this. It was so bizarre.”
According to the book, Wexner’s mother Bella and close friends were uncertain about Epstein’s motives and the relationship between the two.
A close friend named Alfred Taubman revealed a conversation he had with Wexner to a journalist – and claimed to have asked the CEO about his relationship with Epstein.
Taubman claimed that Wexner responded, “If you knew how much money he made me, you wouldn’t ask.”
In December 2007, after their 16-year partnership, Wexner revoked Epstein’s power of attorney.
Before Wexner quietly ended their partnership, he said he discovered that Epstein had allegedly stolen “vast sums of money,” but never made the amount public.
In 2019, Wexner stated in a letter to his foundation: “We discovered that he had embezzled large sums of money from me and my family. This was, quite frankly, a huge shock, even though it clearly pales in comparison to the unthinkable accusations against him now.”
He added: “I am ashamed that I, like so many others, was misled by Mr. Epstein. I now know that my trust in him was completely misplaced and I deeply regret that I ever crossed his path.”
He also denied knowing any details about Epstein’s alleged criminal actions, claiming he “would not have continued to work with any individual capable of such egregious, sickening behavior.”
As Epstein’s allegations surfaced, including models coming forward with stories, Victoria’s Secret’s profits plummeted.
In February 2020, Wexner announced that he is stepping down as CEO and chairman of L Brands.
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