Apollo’s Leon Black exits early after fallout from Epstein links - News Summed Up

Apollo’s Leon Black exits early after fallout from Epstein links


Mr Black and Apollo have been dealing with the fallout from his extensive links with convicted sex offender Epstein, which brought unprecedented scrutiny and unsettled clients and shareholders. The investigation found that Mr Black paid Mr Epstein $158m (€132m) between 2012 and 2017 – after Mr Epstein pleaded guilty to felony charges in 2008. Apollo has long maintained it never hired Epstein for any services, and Mr Black was never accused of any involvement in his criminal activities. Throughout his career, Mr Black earned a reputation for overcoming disasters. But Mr Black's ties with Epstein brought unprecedented scrutiny upon the firm, unsettling clients and shareholders.


Source: Irish Independent March 23, 2021 02:37 UTC



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