Leon Black, the former CEO of Apollo Global Management, testified under oath that Jeffrey Epstein duped him out of more than $60 million. Black stated that Epstein promised to provide tax and estate planning advice but instead used the money for his own purposes.
According to court documents, Black paid Epstein approximately $158 million between 2012 and 2017. Black claims that over $60 million of that amount was obtained through deception, as Epstein never delivered the promised services.
The testimony came as part of a lawsuit filed by the U.S. Virgin Islands against Black, seeking to recover funds allegedly transferred to Epstein. Black has denied any wrongdoing and said he was a victim of Epstein's fraud.
Black's lawyers have argued that he was unaware of Epstein's criminal activities and that their relationship was strictly professional. The case is ongoing.