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By Jenna Sundel
News Reporter
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Richard Kahn, Jeffrey Epstein's accountant and co-executor of his estate, spoke to House lawmakers on Wednesday about how Epstein acquired his wealth.
What We Know About Epstein's Accountant Richard Kahn
Representative James Comer, a Kentucky Republican and chair of the House Oversight Committee, said Kahn “was under the impression that Epstein made his money as a tax advisor and a financial planner."
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Kahn has said that he was unaware of Epstein’s sexual abuse and had not seen any of his victims.
Epstein, a financier and convicted sex offender, made hundreds of millions of dollars over two decades. Epstein had social connections with many prominent people, including President Donald Trump and former President Bill Clinton. Neither has been accused of any wrongdoing in relation to Epstein, with Trump saying his relationship with him ended years before his death.
Lawmakers have argued that a more complete picture of Epstein's finances could help the public understand how he was able to get away with trafficking and sexually abusing underage girls.
“Jeffrey Epstein’s sex trafficking ring would not have been possible without Richard Kahn, who managed Epstein’s money for years, authorized payments, including payments to victims and survivors,” Representative James Walkinshaw, a Virginia Democrat, said.
Walkinshaw said Kahn told them he was unable to recall details of some of the transactions and communications that he was asked about.
Comer said that Kahn had never seen any financial transactions between Epstein and Trump.
How Did Jeffrey Epstein Get His Money?
Comer said lawmakers confirmed during the deposition that Epstein received significant amounts of money from former retail shopping chain executive Les Wexner, hedge fund manager Glenn Dubin, tech entrepreneur Steven Sinofsky, investor Leon Black and the Rothschilds, a wealthy banking family.
None of these individuals has been accused of wrongdoing in their relationships with Epstein. Wexner was deposed by the House Oversight Committee last month, and Comer has also called on Black, among several others, to appear for transcribed interviews.
Kahn also told the committee that Epstein had financial ties to Ehud Barak, who was the prime minister of Israel from 1999 to 2001, according to Representative Suhas Subramanyam, a Virginia Democrat. Barak has not been accused of wrongdoing and has said he regrets his friendship with Epstein.
Comer said the committee has reviewed more than 40,000 documents it subpoenaed from JPMorgan Chase and Deutsche Bank. Epstein was connected to at least 64 business entities, according to Comer.
Where is Jeffrey Epstein's Ranch?
Epstein owned a ranch in Stanley, New Mexico, which he purchased in 1993 from former Democratic Governor Bruce King. The property was sold by Epstein’s estate in 2023, with proceeds going toward creditors, to the family of Don Huffines, a candidate in Texas for state comptroller who won the Republican primary last week.
State investigators searched the property on Monday after state Attorney General Raúl Torrez reopened an investigation of the ranch. State prosecutors said that “revelations outlined in the previously sealed FBI files warrant further examination.”
“The New Mexico Department of Justice appreciates the cooperation of the current property owners,” the agency said in a statement.
Prosecutors “will continue to keep the public appropriately informed, support the survivors, and follow the facts wherever they lead,” the agency said.
When Did Jeffrey Epstein Die?
Epstein was found dead in a cell in New York's Metropolitan Correctional Center in August 2019 while awaiting trial on sex trafficking charges. His death was ruled a suicide.
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