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Report: Former Aide to Ex-Prince Andrew Allegedly Made Secret China Deals

David Stern used ties to Prince Andrew and Chinese partners to arrange deals and shared sensitive royal information with Jeffrey Epstein, raising questions about his credentials.

  • This month, US Justice Department documents show Stern, a former aide to Prince Andrew, relayed information to Jeffrey Epstein while pursuing China deals via AGC Capital.
  • Epstein reportedly introduced Stern to the royal family in 2009 to help Sarah Ferguson, Duchess of York, and Stern quickly gained insider status, sitting beside Queen Elizabeth II at a Pitch@Palace launch and joining royal trips in 2010–2011.
  • Stern operated through AGC Capital and opaque corporate structures, presenting himself as Madison Square Garden vice-chair while holding shares via Jersey and Celestial, UK-registered companies, and naming Li Botan as co-investor.
  • In November 2016, Stern's board nomination triggered internal objections and a legal memo by Joseph Hage Aaronson flagged unanswered questions after Morgan Stanley, Deutsche Bank, and Siemens found no employment records for him.
  • Stern's concurrent roles with Pitch@Palace and private ventures underscore governance concerns, as Epstein-related investment correspondence leaves unclear whether Stern's AGC Capital produced substantial returns.
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  • 38% of the sources lean Left, 37% of the sources lean Right
38% Left

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Sky News Australia broke the news in Australia on Sunday, February 2, 2025.
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