Apollo Boss to be Subpoenaed in Jeffery Epstein Case
Well, this isn’t a good look for the company….
Apollo/COX CEO Leon Black is going to be subpoenaed by the U.S. Virgin Islands’ attorney general for information about his decades-long business ties with Jeffrey Epstein.
Bloomberg writes that the territory’s attorney general, Denise N. George, informed a local court on Thursday that she would issue civil subpoenas to Black and several entities connected to him, according to the paper, citing the chief clerk of the court.
The subpoenas will seek financial statements and tax returns for a number of entities, including ones that manage some of Black’s $9 billion wealth.
“Apollo never did any business with Mr. Epstein at any point in time,” according to a spokesperson for the New York-based private equity firm.
After Jeffrey Epstein’s arrest last year, Black also assured investors in Apollo’s funds that his relationship with Epstein didn’t extend to the private equity company. He said that Epstein provided certain services to his family partnership and entities relating to tax, estate planning, and philanthropic advice.