Summary
Bloomberg's Max Abelson discusses how Jeffrey Epstein used his American Express Centurion card and relationship manager to arrange travel and visas for women, based on DOJ emails. The conversation focuses on the role of the relationship manager, the secrecy and luxuriant help Epstein received, and the broader picture of money and power. No investment or trading ideas are presented.
- Epstein had an American Express Centurion (black) card since at least 2004.
- His office used Amex to arrange trips for women, often Eastern European, and for visa purposes.
- The relationship manager, Natalia Malattokov, booked itineraries that were never meant to be taken to help obtain visas.
- American Express condemned abuse and stated they take legal responsibilities seriously.
- Epstein's longtime assistant Leslie Grath was heavily involved in emailing the relationship manager.
- Secrecy was a major concern; Epstein was furious when travel confirmations were sent to others.
- Epstein spent over $1 million per year on the card, generating tens of thousands in fees for Amex.
- The story is part of Bloomberg's investigation into Epstein's network of billionaires, lawyers, and institutions.