Mr. Black wired Mr. Epstein at least $50 million in the years after Mr. Epstein’s 2008 conviction for soliciting prostitution from a teenage girl, according to documents reviewed by The New York Times and interviews with four people with knowledge of the transactions. The transfers included $10 million to a foundation started by Mr. Epstein and consulting fees that were sufficiently unusual to draw scrutiny from Deutsche Bank, where Mr. Epstein kept his accounts. Two of the people said the total amount sent by Mr. Black to Mr. Epstein could be as high as $75 million.
It was not clear what kind of services Mr. Epstein provided to Mr. Black, whose $9 billion fortune can buy him access to the best lawyers and accountants in the world. Mr. Epstein, though he styled himself as a “financial doctor” to wealthy clients, was a college dropout who had worked on Wall Street for just a few years,
demonstrated no great skill as an investor and had no formal training in tax and estate planning.