Former Victoria's Secret CEO, billionaire Les Wexner claims he was 'conned' by Jeffrey Epstein

The testimony was part of the panel's probe into the late-financier. The committee subpoenaed Wexner for his testimony last month after the billionaire was named in the Justice Department's Epstein Files multiple times.

Published: February 18, 2026 6:17pm

Former Victoria's Secret CEO billionaire Les Wexner told the House Oversight Committee Wednesday that he was "conned" by his former friend Jeffrey Epstein and denied being one of the convicted sex offender's co-conspirators. 

The testimony was part of the panel's probe into the late-financier. The committee subpoenaed Wexner for his testimony last month after the billionaire was named in the Justice Department's Epstein Files multiple times.

Wexner gave his testimony behind closed doors from his home in New Albany, Ohio, where he said he "never witnessed nor had any knowledge of Epstein’s criminal activity," according to a prepared statement obtained by NBC News.

“I have done nothing wrong and have nothing to hide,” Wexner said. “I completely and irrevocably cut ties with Epstein nearly twenty years ago when I learned that he was an abuser, a crook, and a liar. And, let me be crystal clear: I never witnessed nor had any knowledge of Epstein’s criminal activity.”

Wexner has never been formally accused of any wrongdoing in relation to Epstein, but the former financier managed the billionaire's personal finances for over a decade in the 1990s and early 2000s.

California Democratic Rep. Robert Garcia told reporters that Wexner was trying to "downplay" his ties to Epstein and Massachusetts Democratic Rep. Stephen Lynch said he did not believe Wexner's testimony.

"There would be no Epstein island, there'd be no Epstein plane, there would be no money to traffic women and girls, Mr. Epstein would not be the wealthy man he was, without the support of Les Wexner," Garcia said.

Wexner also testified that he was a "victim" of Epstein's as well because the late-financier allegedly stole money from his family, which was discovered after Wexner's wife Abigail reviewed their finances. 

"In September 2007, nine months before he pled guilty in Florida, we revoked Epstein’s power of attorney, removed his access to our bank accounts, and forced him to resign from all our affiliated entities," Wexner said. "Confronted with his financial wrongdoing by Abigail, Epstein agreed to, and did, return a substantial amount of money, even while continuing to maintain his total innocence of any wrongdoing, never dropping the con."

The billionaire additionally denied cheating on his wife, stating that he and Abigail have been together for 36 years, including 33 years married.

"We are completely devoted to each other," he insisted. "To be clear, never once in 36 years have I been unfaithful to Abigail in any way, shape, or form. Never. Any suggestion to the contrary is absolutely and entirely false."

 

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