"This was, frankly, a tremendous shock, even though it clearly pales in comparison to the unthinkable allegations against him now", the letter said. He wrote that he was able to recover some of the embezzled funds through a $46 million contribution that Epstein made to Wexner's YLK Charitable Fund the following year.
Wexner also mentioned that Epstein had "misappropriated vast sums of money" from him.
In a letter to members of his namesake Wexner Foundation, seen by The Wall Street Journal, the CEO and founder of L Brands, the parent company to Victoria's Secret, said that Epstein had "misappropriated vast sums of money from me and my family".
Business Insider could not immediately reach an attorney for Epstein for comment.
Epstein was arrested again this July, following an indictment that says the billionaire "enticed and recruited" girls as young as 14 to engage in sex acts with him.
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In Morton, workers were loaded into multiple buses on Wednesday -some for men and some for women - at the Koch Foods plant. ICE sources called them "collateral" arrests implying more people were swept up along with those ICE had been seeking.
Epstein also later took ownership of Wexner's Manhattan mansion on East 71st Street, the same mansion that court documents are now demanding Epstein forfeit because numerous alleged acts of child sex trafficking and assault took place at his home.
I first met Mr. Epstein in the mid-1980s, through friends who vouched for and recommended him as a knowledgeable financial professional. "All of that money - every dollar of it - was originally Wexner family money", he wrote.
"I know now that my trust in him was grossly misplaced and I deeply regret having ever crossed his path". Epstein had served as Wexner's former financial advisor. Three years later, YLK, after making two donation's totalling $6.5 million to the Columbus Foundation, was dissolved, and its remaining money, $33 million, was transferred to the Wexner Foundation.
Acosta was the USA attorney in Miami when he oversaw a non-prosecution agreement for Epstein in 2008.
It's unclear whether Wexner reported the allegations to law enforcement.
The latest investigation, reports the Miami Herald, is likely to focus on the lenient work privileges Epstein enjoyed while serving a 13-month sentence for soliciting prostitution from underage girls, the product of a controversial 2008 deal with federal authorities.