Jeffrey Epstein misappropriated 'vast sums' from L Brands CEO's wealth, billionaire says

Ohio billionaire Leslie Wexner says he regrets crossing Epstein's path

Florida-based billionaire Jeffrey Epstein
Florida-based billionaire Jeffrey Epstein (Palm Beach Sheriff's Office via CNN)

NEW YORK – The retail titan behind Victoria's Secret says the financier Jeffrey Epstein misappropriated "vast sums" of his fortune while managing his personal finances.

Ohio billionaire and L Brands CEO 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.

According to the letter, Wexner alleges Epstein misappropriated more than $46 million.

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.