Before he joined President Donald Trump's Cabinet, Commerce Secretary Howard Lutnick jointly owned a business with convicted child predator Jeffrey Epstein.CBS Before he joined President Donald Trump's Cabinet, Commerce Secretary Howard Lutnick jointly owned a business with convicted child predator Jeffrey Epstein.CBS

Trump official bought business with Epstein years after claiming to cut ties: report

2026/02/07 10:32
2 min read

Before he joined President Donald Trump's Cabinet, Commerce Secretary Howard Lutnick jointly owned a business with convicted child predator Jeffrey Epstein.

CBS News reported Friday on new revelations contained in the Department of Justice's (DOJ) latest release of documents from Epstein's two federal investigations showing Lutnick and Epstein acquiring a company in 2012. One document shows both Lutnick's and Epstein's signatures on a document purchasing stakes in the now-defunct digital advertising company Adfin. Epstein signed on behalf of his entity, Southern Trust Company, while Lutnick signed on behalf of a limited liability company named CVAFH I.

The purchase took place just four days after Lutnick and his wife, Allison, visited Epstein's Little Saint James Island around the Christmas holiday of 2012. Lutnick initiated contact with the convicted sex trafficker, emailing him to inform him that he and his wife would be in the Caribbean, and if they could meet for lunch. Allison Lutnick told Epstein's assistant that the couple would be arriving on a 188-foot yacht named "Excellence."

CBS noted that the island visit and business deal came multiple years after Lutnick claimed to have cut off all contact with Epstein. In October, Lutnick told the New York Post's Miranda Devine that he and his wife were both disgusted by Epstein after he invited them to his home in 2005. Lutnick referred to Epstein as "the greatest blackmailer ever."

During the 2005 visit, Lutnick — who at the time ran the firm Cantor Fitzgerald and lived next door to Epstein — said Epstein showed off the "massage room" in his Manhattan town house.

"“I say to him, ‘Massage table in the middle of your house? How often do you have a massage?'” Lutnick said. “And he says, ‘Every day.’ And then he gets, like weirdly close to me, and he says, ‘And the right kind of massage.'”

"In the six to eight steps it takes to get from his house to my house, my wife and I decided that I will never be in the room with that disgusting person ever again," he added.

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Market Opportunity
Housecoin Logo
Housecoin Price(HOUSE)
$0.0007224
$0.0007224$0.0007224
+4.25%
USD
Housecoin (HOUSE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Is Putnam Global Technology A (PGTAX) a strong mutual fund pick right now?

Is Putnam Global Technology A (PGTAX) a strong mutual fund pick right now?

The post Is Putnam Global Technology A (PGTAX) a strong mutual fund pick right now? appeared on BitcoinEthereumNews.com. On the lookout for a Sector – Tech fund? Starting with Putnam Global Technology A (PGTAX – Free Report) should not be a possibility at this time. PGTAX possesses a Zacks Mutual Fund Rank of 4 (Sell), which is based on various forecasting factors like size, cost, and past performance. Objective We note that PGTAX is a Sector – Tech option, and this area is loaded with many options. Found in a wide number of industries such as semiconductors, software, internet, and networking, tech companies are everywhere. Thus, Sector – Tech mutual funds that invest in technology let investors own a stake in a notoriously volatile sector, but with a much more diversified approach. History of fund/manager Putnam Funds is based in Canton, MA, and is the manager of PGTAX. The Putnam Global Technology A made its debut in January of 2009 and PGTAX has managed to accumulate roughly $650.01 million in assets, as of the most recently available information. The fund is currently managed by Di Yao who has been in charge of the fund since December of 2012. Performance Obviously, what investors are looking for in these funds is strong performance relative to their peers. PGTAX has a 5-year annualized total return of 14.46%, and is in the middle third among its category peers. But if you are looking for a shorter time frame, it is also worth looking at its 3-year annualized total return of 27.02%, which places it in the middle third during this time-frame. It is important to note that the product’s returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund’s [%] sale charge. If sales charges were included, total returns would have been lower. When looking at a fund’s performance, it…
Share
BitcoinEthereumNews2025/09/18 04:05
Mystake Review 2023 – Unveil the Gaming Experience

Mystake Review 2023 – Unveil the Gaming Experience

Cryptsy - Latest Cryptocurrency News and Predictions Cryptsy - Latest Cryptocurrency News and Predictions - Experts in Crypto Casinos Did you know Mystake Casino
Share
Cryptsy2026/02/07 11:32
Strategic Move Sparks Market Analysis

Strategic Move Sparks Market Analysis

The post Strategic Move Sparks Market Analysis appeared on BitcoinEthereumNews.com. Trend Research Deposits $816M In ETH To Binance: Strategic Move Sparks Market
Share
BitcoinEthereumNews2026/02/07 11:13