Business

Victoria's Secret owner says disgraced financier Epstein stole $46M from him

The retail titan behind Victoria's Secret says financier Jeffrey Epstein misappropriated more than $46 million of his fortune while managing his personal finances.

Les Wexner severed ties with Epstein in 2007 but not before he says money went missing

Les Wexner, left, made his fortune in retail and had that fortune managed by him by disgraced financier Jeffrey Epstein, not pictured. (The Associated Press)

The retail titan behind Victoria's Secret says financier Jeffrey Epstein misappropriated more than $46 million of his fortune while managing his personal finances.

Ohio billionaire Leslie Wexner said in a letter Wednesday that he recovered "some of the funds" but severed ties with Epstein in 2007 as sexual abuse allegations first surfaced against him in Florida.

The letter was first reported by The Wall Street Journal.

Epstein managed Wexner's wealth for years. It was through Wexner that Epstein acquired his seven-story Manhattan mansion near Central Park.

Wexner says he regrets ever crossing Epstein's path and was "sickened" by his alleged abuse of dozens of underage girls.

Epstein has pleaded not guilty to federal sex trafficking charges in New York.

His attorney did not respond to a request for comment.