(WatchDogReport.org) – Billionaire Jeffrey Epstein has been dead for more than a year, but his wrongdoings are still having wide-reaching consequences for those who supported him. Most recently, a CEO stepped down after his connections to the convicted sex offender came to light.
On January 25, Apollo Global Management CEO Leon Black announced plans to step down from his position at the private equity firm. The decision came after an internal investigation into his relationship with Epstein revealed he’d paid him roughly $150 million in “professional services.” The probe found no wrongdoing between him and the alleged sex trafficker, but apparently, the smell of scandal was enough to force him out of the top position at the firm.
In 2019, @NewYorker disclosed (https://t.co/KTdYdCbZ6u) that Jeffrey Epstein had been credited with directing millions of dollars of donations by investor Leon Black. Now Black is stepping down after a probe found that to be the tip of the iceberg—Black paid Epstein $150 million. https://t.co/mllwgsogXH pic.twitter.com/ExpsoqU8nv
— Ronan Farrow (@RonanFarrow) January 26, 2021
It’s important to note that, although he’s stepping down, Black doesn’t plan to leave the company completely. He’ll stay on at Apollo as chairman. Given that, one has to wonder if this entire announcement was just for show. Either way, the Epstein scandal is alive and kicking.
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