Top Democrat demands Trump's IRS investigate Epstein bank records in sprawling probe: 'Follow the money'
Source: The Independent
Thursday 31 July 2025 23:08 BST
The top Democrat on the Senate’s powerful finance committee has been investigating the financial network surrounding Jeffrey Epstein for three years. Now he wants the IRS to find out what, exactly, the late sex offender was doing in exchange for $1.5 billion in wire transfers that passed through major financial institutions.
An investigation, from the office of Democratic Senator Ron Wyden of Oregon, uncovered more than 4,700 transactions dating to 2003, including payments to women from Russia and eastern European countries.
More than $158 million came from Wall Street financier Leon Black between 2012 and 2017 for Epstein’s alleged tax support, according to Wyden’s report, and ultimately helped Black avoid more than $1 billion liabilities.
“None of these tax transactions Epstein performed were audited,” Wyden told reporters at a briefing Thursday. “It could have blown the lid off Epstein’s cover of being a financial genius … It looks like none of that ever happened … A bunch of federal officials were sleepwalking through this.”
Read more: https://www.independent.co.uk/news/world/americas/us-politics/epstein-bank-records-ron-wyden-leon-black-b2799888.html
Link to Sen. Ron Wyden NEWS RELEASE - Continuing Epstein Investigation, Wyden Probes IRS’s Failure to Investigate Sex Trafficker’s Highly Lucrative Tax Planning Work
Link to Sen. Ron Wyden LETTER (PDF) - https://www.finance.senate.gov/download/wyden-letter-to-irs-on-failure-to-audit-epstein-transactionspdf