Richard Kahn didn't just balance the books for Jeffrey Epstein. He was the guy holding the keys to a financial labyrinth that kept the world’s most notorious sex trafficking operation afloat for decades. On March 11, 2026, Kahn finally sat in a closed-door deposition before the House Oversight Committee, and the details leaking out paint a picture of "professional" ignorance that's getting harder and harder to believe.
If you’ve followed the Epstein saga, you know the big question has always been: How did he actually make his money? For years, the official line was that he was a genius financier for billionaires. But Kahn’s testimony suggests even the people on the inside were kept in a state of carefully curated confusion.
The Professional Blind Spot
Kahn told lawmakers he was under the impression Epstein made his fortune as a tax advisor and financial planner. It sounds plausible on paper, but it ignores the sheer scale of the cash moving through the accounts Kahn managed. We’re talking about a man who oversaw a web of at least 64 business entities and thousands of suspicious wire transfers.
During the seven-hour grilling, Kahn claimed he saw "no red flags." He characterized his relationship with Epstein as strictly professional. He even went as far as saying that if he’d known about the horrific behavior, he would’ve quit immediately.
But House Democrats aren't buying the "see no evil" defense. Representative Robert Garcia pointed out some pretty damning admissions from the session. Kahn reportedly admitted to:
- Facilitating a fake marriage for women connected to Epstein.
- Impersonating Epstein in communications with banks.
- Managing "meticulous" records of gifts to both men and women.
It’s a classic case of cognitive dissonance. How do you impersonate a client to a bank and help rig a marriage while maintaining you had no idea anything shady was happening?
Who Was Paying the Bills
One of the most valuable parts of this testimony was the confirmation of where the money was coming from. We’ve heard names like Les Wexner for years, but the list of "friends" with financial ties is long and heavy.
According to Committee Chair James Comer, the deposition confirmed significant money flowed to Epstein from:
- Les Wexner (Former L Brands CEO)
- Leon Black (Apollo Global Management co-founder)
- Glenn Dubin (Hedge fund manager)
- The Rothschilds
- Ehud Barak (Former Israeli Prime Minister)
None of these individuals have been charged with crimes in connection to Epstein, but the sheer volume of wealth they funneled into his "office" provided the fuel for his private jets, his Caribbean island, and the payments to his victims.
The Estate is Shrinking Fast
Kahn isn't just the former accountant; he's the co-executor of the Epstein estate. When Epstein died in 2019, the fortune was estimated at roughly $600 million. Today? It’s down to about $120 million.
Where did it go? It wasn't just market fluctuations.
- Over $121 million paid out to victims through a restitution fund.
- Tens of millions in legal fees and property upkeep.
- A recent $35 million settlement reached in February 2026 to resolve a class-action suit against Kahn and fellow executor Darren Indyke.
The "Standard Practice" Defense
Kahn’s defense for the complex web of LLCs is that it's "completely standard practice" for the ultra-wealthy. In his prepared remarks, he argued that using limited liability companies to hold planes, helicopters, and real estate is just how the 1% operates.
While that’s true in a vacuum, it’s the use of those entities that matters. The House Oversight Committee has reviewed over 40,000 documents from JPMorgan Chase and Deutsche Bank. Those records show that Epstein’s "standard" setup was used to bypass bank diligence reports and move cash in ways that avoided scrutiny.
What This Means for the Future
This deposition is a massive step, but it’s only half the story. The other co-executor, longtime attorney Darren Indyke, is scheduled to testify on March 19, 2026.
Lawmakers are pushing for more transparency because they believe the government failed. If an accountant can manage $1.3 billion in suspicious transfers without the FBI or DOJ knocking on the door for a decade, the system is broken.
The immediate next step for the public and investigators is to watch the Indyke testimony. If you want to dig deeper, keep an eye on the House Oversight Committee’s website for the eventual release of the full Kahn deposition transcripts. The "professional" wall of silence is finally starting to crack, and the real numbers are finally coming to light.
