It is all rug sweeping all the time.

Source: http://www.crazydaysandnights.net

It isn’t like anything is going to happen to the going to step down CEO.

He gets another few hundred million bucks and gets his secrets kept.

It is all rug sweeping all the time.

It probably didn’t hurt that the soon to step down CEO is ponying up $20M in campaign contributions to make sure no digging is done.

Les Wexner

Victoria’s Secret

Billionaire businessman Leslie Wexner refuses to reveal full scope of Jeffrey Epstein’s alleged multimillion-dollar theft

Leslie Wexner, the billionaire founder of the L Brands retail empire, who in 2019 accused disgraced financier Jeffrey Epstein of misappropriating “vast sums” of his personal fortune more than a decade earlier, has so far refused to reveal the full scope of that alleged multimillion-dollar theft.

In a letter sent to his foundation in August after Epstein was arrested in New York City on sex trafficking charges, Wexner disclosed that a $46 million donation in 2008 from Epstein, who served as Wexner’s personal financial advisor for more than 15 years, to a foundation run by Wexner’s wife Abigail represented only “a portion” of the funds that he recovered from Epstein.

In response to a series of questions from ABC News, however, a spokesperson for Wexner not only declined to specify the amount of money Epstein is believed to have misappropriated but also declined to comment on whether that alleged misappropriation was ever reported to the authorities.

“The foundation letter is the extent of our comments on this subject,” the spokesperson told ABC News.

The relationship between Wexner and Epstein, who died in prison last year after being indicted on sex trafficking charges, is the subject of the latest episode of ABC News’ “Truth and Lies: Jeffrey Epstein,” an eight-part podcast focusing on Epstein and the women who survived his crimes.

Wexner, 82, built some of the most recognizable clothing brands in the world, including the lingerie giant Victoria’s Secret, and he became fabulously wealthy in the process, with Forbes listing his current net worth as about $4.5 billion.- Source

Analysts warn that L Brands’ former CEO Les Wexner is a still a ‘problem’ for Victoria’s Secret and Bath & Body Works

Wexner stepped down as CEO of L Brands earlier this month and will take up the role of chairman emeritus on the board, which is an honorary position.

In a note to clients on Thursday, a group of Jefferies analysts shared a gloomier outlook for L Brands and cautioned that the company may never really be out Wexner’s grip.

“Will Les Wexner really be away?” the Jefferies analysts asked. “We don’t think so, and it will likely be a problem for the business [L Brands] and Bath & Body Works.”

Wexner is still L Brands’ biggest shareholder and along with his wife owns a 17% stake in the company.- Source

How Jeffrey Epstein Used the Billionaire Behind Victoria’s Secret for Wealth and Women

In May 1997, Alicia Arden, a model in California, was introduced to a man who identified himself as a talent scout for Victoria’s Secret. He invited her to his Santa Monica hotel room to audition for the brand’s catalog. When she arrived, Ms. Arden said, the man grabbed her, tried to undress her and said he wanted to “manhandle” her. Ms. Arden, then 27, fled in tears.

It was the type of crisis that should not have come as a complete surprise to leaders at L Brands, the parent company of Victoria’s Secret.

In the mid-1990s, two senior executives had discovered that the same man, a close adviser to the company’s chief executive, Leslie H. Wexner, was trying to pitch himself as a recruiter for Victoria’s Secret models. Mr. Wexner was alerted, according to the two executives.

It is unclear what if any action Mr. Wexner took in response. But the man — Jeffrey E. Epstein, a New York financier — had developed an unusually strong hold on Mr. Wexner, one of the country’s most influential corporate titans.

Within years of meeting Mr. Epstein, Mr. Wexner handed him sweeping powers over his finances, philanthropy and private life, according to interviews with people who knew the men as well as court documents and financial records.

Mr. Wexner authorized him to borrow money on his behalf, to sign his tax returns, to hire people and to make acquisitions. Over the years, Mr. Epstein obtained a New York mansion, a private plane and a luxury estate in Ohio — today valued at roughly $100 million all together — previously owned by Mr. Wexner or his companies. At the same time, he drove a wedge between Mr. Wexner and longtime associates and friends.

Virtually from the moment in the 1980s that Mr. Epstein arrived on the scene in Columbus, Ohio, where L Brands was based, Mr. Wexner’s friends and colleagues were mystified as to why a renowned businessman in the prime of his career would place such trust in an outsider with a thin résumé and scant financial experience.

It is a mystery that has taken on new importance in the weeks since federal prosecutors in New York charged Mr. Epstein, 66, with sex trafficking involving girls as young as 14.

And it is posing a potentially grave problem for L Brands, a publicly traded company whose brands include Victoria’s Secret and Bath & Body Works. Mr. Wexner, the longest-serving chief executive in the S&P 500 and L Brands’ largest shareholder, once praised Mr. Epstein as “a most loyal friend” with “excellent judgment and unusually high standards.”

What is clear is that during the period in which he worked closely with Mr. Wexner, Mr. Epstein became extraordinarily rich.

Representatives of Mr. Wexner and L Brands refused to share even basic details of the work that Mr. Epstein performed for Mr. Wexner. – Source

Former Ohio State wrestlers call for investigation into Jeffrey Epstein, Wexner family

COLUMBUS, Ohio (WSYX/WTTE) — A group of former Ohio State Wrestlers who say they were abused by the team’s doctor, Richard Strauss, is asking the Ohio Inspector General to investigate the school’s connection with Jeffrey Epstein.

The former wrestlers want to know how Ohio State might have been connected to Jeffrey Epstein and are pointing fingers at two of the school’s biggest donors, Les Wexner and his wife, Abigail.

They are requesting that the inspector general look into if the Wexner’s ever helped Epstein abuse a young woman, Maria Farmer. The Wexner’s said they have no knowledge of the alleged events.

In a five-page letter submitted on Friday, Feb. 7, the wrestlers ask the inspector general to “open an investigation into the allegations that Abigail Wexner helped Jeffrey Epstein sexually assault a young woman named Maria Farmer and open a second investigation into the relationship between alleged sex trafficker/pedophile Jeffrey Epstein, Wexner and Ohio State University.”

Farmer filed a lawsuit in July 2019 that alleges Epstein and another woman sexually assaulted her inside of Wexner’s New Albany mansion in the summer of 1996.

The letter from the group of wrestlers said they are turning to the inspector general because of Abigail Wexner’s status as Vice-Chair of the Board of Trustees at Ohio State.

Given these public allegations against Mrs. Wexner, it is extremely difficult for us to comprehend why OSU maintains its relationship with Abigail Wexner and her family, particularly in light of the history of damning sexual violence issues on campus and those same issues involving the Wexner family and its companies, and both their relationship with the notorious Jeffrey Epstein.

The letter also calls for Ohio State to properly make amends to its victims and to ensure the safety of current and future students.

“We ask that you investigate the “wrongful acts” of Abigail Wexner regarding Maria Farmer. If not you, who else can we turn to?” the letter said.

The wrestlers also asked the investigator general to look into Epstein’s relationship with Ohio State University.

The letter says Epstein has donated more than $2.5 million to the school while he was under FBI investigation.

“Ohio State has shown that without maximum public pressure, it will turn a blind eye to sexual predators. It ignored the reports of Richard Strauss’ abuse and it is now looking the other way on Jeffrey Epstein and Abigail Wexner. And when the university does acknowledge its role in such abuses, it does not seem to show much moral courage, offering only the pretense of caring in hopes that the problem will just go away and fade from the public conscience,” the letter said. – Source