
Ted Waitt told the House Oversight Committee that he met Ghislaine Maxwell and Jeffrey Epstein at a Hong Kong dinner in November 2003 and began dating Maxwell the following year, remaining in a relationship with her until September 2010. Waitt...
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What's up, everyone? And welcome to another episode of the Epstein Chronicles. In this episode, we're going to pick up where we left off with the Ted Way testimony he gave to Congress. Ms. Cathay. Question did you ever assist Ms. Maxwell in finding employees to work for? Answer. To work for her? No. Question. You never helped her search for candidates or anything? Answer no, not that I can think of. Question I'd like to return now to minority exhibit marked as G. Get that back. This is located on the first page of EFTA number ending 9058. There's an email from Glenn Maxwell to ted waite dated April 2, 2004. And the first sentence says, one of the things I'm working on is finding someone to work for you. I think I have some potential candidates. Do you know what Ms. Maxwell is referring to here? I do not. Do you know generally of her ever finding employees to work for you? I think she did assist with finding, like housekeeping staff when I was setting up a new house after my divorce with my wife. Question, did she ever find anyone to help you in the office with your foundation? I don't really know. I don't believe so. Ms. Mace, can I ask one last question? Then I'm out. Ms. Cathay. Yeah. Mace. Okay. Going back to the $7,211,000 to $238 gift to Maxwell, was there any legal document between the two of you about what that money was for or why? Anything for any legal or liability reason. Was an attorney involved? Was there any documentation about what it was? Mr. Waite. It was handled by my staff later. I did not want to have any contact with or relationship with her. So I think the final negotiations were handled by my finance and legal team. Ms. Mace, did you normally pay off ex girlfriends? Is that a thing? Ms. Callan, just for the record, he was married when he founded his company, then he dated Ms. Maxwell, and then he got married again shortly after. Mace. Okay, but there would have been some kind of legal document between the two of you about that money. And do you know how you arrived to that figure? It's a very specific figure, Mr. Waite. I believe it was a deduction for the gift tax. Okay, wait. It was deducted from it. Alright, that's it. Thank you. Mr. Spector, you said it was the negotiations that were handled by your staff answered the final elements? Yeah, they were handled by my team. Question so just to be clear, was there some kind of negotiation back and forth with Maxwell about the amount? I don't recall. I think it was. I recall her not being happy with the amount, wanting more. But that doesn't matter. She wanted more than 7.2 million. Yeah, I didn't. So gets cut off by the person asking the questions. I'm sorry. Just to be clear, she wanted more than 7.2 million? I don't know. I didn't want to have anything to do with it. I had my team handle it at the end. Question so from your recollection, maybe someone on your staff informed you that she was unhappy with the 7.2 million? Yeah, I think someone on my staff might have said she, she was very unhappy with the breakup and she was not, you know, in a good state. She was quite devastated by the breakup. So at that point I didn't want to get directly involved and I had my team handle the final details. Question. Sure. Thank you, Ms. Cathay. Question to that point, outside of the cash, 7.2 million and other money you might have given her, did you have assets that you and Ms. Maxwell owned together that was tied up? We didn't have any assets that we owned together. Question Staying on the topic generally, did you have a professional or financial relationship with Ms. Maxwell outside of your romantic relationship with her? Answer no. Like professional or financial? Other than the financial support, the 30,000amonth, there was no financial relationship. Question so to clarify, did you have any sort of business relationship with Ms. Maxwell? Answer no. Question. You never invested any money in in business ventures that she brought to you? Not that I can recall. She invested her own money in some business ventures, but I don't recall having any investments that we did together. We kept everything separate. So you and Ms. Maxwell never had any joint bank accounts? No. Question. Are you familiar with Elmax llc? That was the name she used frequently and that was the name of an entity she owned. Answer I'm not familiar with that entity specifically or what it did, but she used that the Elmax name. But it sounds like something that she would have had. Question. Understood. Do you know of anything else that she named Elmax? You say she used it for other things. Answer I Think her email address was Elmax. I think that was a company like her. So I don't know if at some point I didn't know if it was a company or what it was really. Question Understood. And since we're on the timeline, we've jumped around to the end of Yalls relationship. We've touched on it in various ways. But you mentioned ultimately the relationship ended because you knew that you weren't going to get married and we talked about Mr. Rothstein. So Ms. Maxwell said in an interview with the DOJ in 2025 that the relationship, quote, couldn't survive the blackmail threats that were issued against you by Mr. Austine. So why would Ms. Maxwell say that is the reason the relationship ended? Well, because she's a liar, that's why. Answer I have no idea. Question did she ever express to you during the breakup that that was the reason for the relationship ending? Answer not that I can recall. Question so in no way for you anyway, did the Blackmail threats of Mr. Rothstein contacting you have anything to do with the breakup? Answer no. Mr. Scaldani, were you aware of any blackmail threats at the time? Answer no. Spectre, was there anything about your relationship with Ms. Maxwell that could have been leveraged for Blackmail? Answer no. Ms. Callan and just to be clear, it's not his understanding that he was ever being blackmailed. It was a business deal was his understanding that's being proposed and he declined. And I think there's documents to that effect. Ms. Cathay, outside of the business deal, the proposal, did Mr. Rothstein ever contact you regarding lawsuits against Ms. Maxwell? Mr. Waite I never had any direct contact with Mr. Austin Spectre with interactions of that sort. I mean you're a very successful person of course and you just mentioned of course you have staff. Would an interaction like that, you know, these sorts of discussions, would that even normally get go straight to you or is that the kind of thing your staff would handle anyway? Mr. Waite it came through a friend of mine at the time. Rothstein approached a friend or they got together and he approached my right hand person at the time. Mr. Spector who was that? Mr. Waite, the guy that ran my family office. He worked for me for 30 plus years and so Ms. Mr. Descala approached him and then he brought it to my attention because it was a friend of mine. He probably never would have even brought it to my attention, never would have made it to my desk if it wasn't somebody that I knew that brought it in. So Spectre. Okay, thank you. Ms. Cathay question. Did you inform Ms. Maxwell about the contact? Answer, I believe I did. I believe that there's an email that says I did. Question. Do you remember any conversation outside of Those emails about Mr. Rothstein contacting you that you had with Ms. Maxwell? Answer. I don't recall any conversations, no. Question. Was the first time that Ms. Maxwell had heard about what Mr. Rothstein brought up? I don't know. Mr. Grant jumps in. You mentioned Ms. Maxwell and yourself went to Mr. Epstein's Palm beach house. She invited you in, but you decided to wait in the car. I believe you said she needed to get something from the house. Do you know what she had to get? No. Did she walk out with anything? I don't remember. And when you were in the Palm beach, were you guys already there just for vacation or some other purpose and. Yeah, we were there for some other purpose. It wasn't targeted trip to Palm Beach? No. Mr. Grant, thank you for clarity of the record. Because we've bounced around so much, did you maintain any other form of relationship with Ms. Maxwell following the end of your romantic relationship? Mr. Waite? No. Ms. Cathay. And I believe you did mention this earlier, but when was the last time that you spoke to Ms. Maxwell? Mr. Waite? The last time I recall speaking to her was at this Economist Ocean Conference in San Francisco that she appeared at. And it was quite shocking and surprising that she was there, but that was the last time I remember speaking to her. I'm not sure what year that was. Mr. Spector, did any proxy or mutual friend, intermediary of any kind ever try to pass a message from Ms. Maxwell or tell you that you wanted to talk to you after you broke up? Mr. Waite? No. Ms. Cathay. And who put on the ocean event? Mr. Waite? The Economist. The magazine. Ms. Cathay. The Economist. Okay, thank you. I missed that. Ms. Callan, I think We've tried to look for the date and we can't find it. Mr. Spector. It was an oceanfront conference, though. Ocean conservation, that's where I spend most of my time. And so Ms. Maxwell was there, likely for her TerraMar project, is that right? Exactly. Did she ever. I think you've already. By the way, my last question answered this, but did her or any of her proxies ever ask for financial assistance or donations for that project? No, I did not donate anything to the project. Mr. Spector. Thank you. Ms. Cathay. Question. Did you have any involvement with TerraMar project? No. Question. Mr. Waite, are you familiar with the Clinton Foundation? Yes. Question. And what was the nature and extent of your involvement in the Clinton Foundation? I've gone on trips with Bill Clinton when he's representing the Clinton Foundation. I made some smaller donations to the foundation. Then I said the major donation was the Clinton Library. I think that went through the Clinton foundation, but it was specifically for the library. Question how many trips did you go on with President Clinton? I remember accompanying him on a trip in like, maybe the two big international trips, one to South Africa and one to when he was doing the tsunami relief and AIDS trip in Papua New guinea and Indonesia and Thailand. Question do you remember what year these trips were? I do not. Question do you remember do you remember who else was on the trip or either of these trips? Answer on the one of the I believe Ms. Maxwell was on that trip. Question which one was that? Answer the one that went to Banda, Aci, Indonesia, Thailand, areas affected President Clinton for the tsunami relief. There was a major tsunami that happened in the mid 2000s. It was very devastating. He went on that trip and then he did an aids, signed an AIDS treaty in Papua New guinea. Question and Ms. Maxwell was not on the trip to Papua New Guinea. Answer I believe she was. Question she was on the trip. Answer I believe she was. Question so forgive me for misunderstanding. There were two trips with with Ms. Maxwell. Answer that was one long trip. That was one long trip. Question that was one long trip. And the other trip was two gets cut off by weight. The other trip was Ms. Maxwell was not on that I recall. And I went to South Africa. Question on what was that trip for? Answer that was for Nelson Mandela's 85th birthday. Question okay, was Mr. Epstein on the trip? Answer no. Question Was he on the other trip? Answer no. Question okay, thank you. All right, folks, we're gonna wrap up right here. And in the next episode dealing with the topic, we're gonna pick up where we left off. All the information that goes with this episode can be found in the description box.
Host: Bobby Capucci
Episode: Ted Waitt And The Transcript From His Epstein Related Trip To Congress (Part 10)
Release Date: August 1, 2026
In this episode, host Bobby Capucci continues analyzing the congressional testimony of billionaire Ted Waitt, focusing on Waitt’s past relationship with Ghislaine Maxwell, financial transactions between them, and his indirect associations with Jeffrey Epstein’s network. The discussion delves into unusual financial dealings, the breakup narrative, alleged blackmail attempts, and Waitt’s connections with notable figures (including Bill Clinton) through international philanthropic trips. The episode gives listeners a closer look at how the web surrounding Epstein and Maxwell intersected with business and high society, as revealed through direct questioning of Waitt before Congress.
“She wanted more than 7.2 million. … I didn’t want to have anything to do with it. I had my team handle it at the end.” — Ted Waitt (05:20)
“Well, because she’s a liar, that’s why. … I have no idea.” — Ted Waitt on Maxwell’s blackmail claim (11:00)
“It was quite shocking and surprising that she was there, but that was the last time I remember speaking to her.” — Ted Waitt (17:35)
Foundation Support: Waitt donated to the Clinton Foundation and particularly the Clinton Library, and accompanied Bill Clinton on at least two major international trips. (20:00)
Key Trips:
“I believe Ms. Maxwell was on that trip … there was a major tsunami … Very devastating. He [Clinton] went on that trip and then he did an AIDS, signed an AIDS treaty in Papua New Guinea.” — Ted Waitt (21:50-22:20)
No Epstein Presence: Waitt reiterates that Jeffrey Epstein was not present on any trip he took with Clinton, regardless of Maxwell’s attendance. (23:30)
On Maxwell's claim of blackmail ending relationship:
“Well, because she’s a liar, that’s why.” — Ted Waitt (11:00)
On distancing himself from Maxwell after breakup:
“I did not want to have any contact with or relationship with her. So I think the final negotiations were handled by my finance and legal team.” — Ted Waitt (03:45)
On the surprise at Maxwell’s public appearance:
“It was quite shocking and surprising that she was there, but that was the last time I remember speaking to her.” — Ted Waitt (17:35)
This episode offers a granular look into Ted Waitt’s congressional testimony, revealing the tangled, transactional relationships between Maxwell and high-profile figures outside the core Epstein criminal ring. Capucci’s approach lays bare the facts, contradictions, and personal dynamics, while highlighting how proximity to power often blurred boundaries between philanthropy, romance, and secrecy.
The next episode promises to further dissect these connections as new testimony and documentation surface.
For related documents and deeper reference, see the materials in the episode’s description box.