During an L Brands investor day, Chairman and CEO Leslie H. Wexner again discussed being “embarrassed” by his connections to former money manager Jeffrey Epstein.
According to Columbus Business First, Wexner began his speech to investors Sept. 10 with remarks on his former business relationship with the registered sex offender who died by suicide in a New York City jail last month.
“At some point in life we are all betrayed by friends,” Wexner said, as reported by Columbus Business First. “If you haven’t been, you’d be grateful to have lived a sheltered life. … But at the end of the day, people who have secret lives have secret lives. Because they are so good at hiding those secrets, so many people are taken advantage of.
“Being taken advantage of by someone who was so sick, so depraved … is something I am embarrassed I was even close to.”
Days before Epstein’s death, Wexner emailed a letter that said Epstein “misappropriated vast sums of money” from Wexner and his family.
“As the story has unfolded further, and the extent of the pain caused by Mr. Epstein continues to grow, I have spent time reflecting and searching for answers as to how this could have happened,” Wexner wrote in the letter. “My heart goes out to each person who has suffered unthinkable pain and I pray for their healing.”