------- TEST APPLICATION ------

Informi Details

Epstein was complicit in a Ponzi Scheme, but not charged

Hoffenberg went down as a convicted Ponzi schemer but claims he was ably partnered by Epstein who escaped being charged. According to Hoffenberg, a British business acquaintance introduced him to Epstein in the 1980s, and a friendly and business relation kicked off. Hoffenberg said "[Epstein] appeared to be brilliant, extraordinarily gifted and talented in convincing people to buy from him. And a criminal mastermind," and so, hired Epstein at Towers Financial. Epstein was essential in the operations as "He knew many people in the brokerage business that sold securities and they gave him access to investors,". Despite the crucial part played by Epstein in the fraudulent scheme, Hoffenberg wonders why he escaped being charged. He laments "There is no explanation in the world, none, for Jeffrey Epstein not to have been charged with me as a co-defendant." as he took the fall.

Reliability: 0.9, Confidence: 0.5

References

Reference Entailment Degree Comment
CITATION_test-channel_15a23beb-505d-4f Supports 0.9 Evidence supports the claim
CITATION_test-channel_c61d8ad8-2b0f-43 Supports 0.9 Epstein's connections in the brokerage business made him essential in the Ponzi scheme
CITATION_test-channel_9bb7b833-baf0-4b Supports 0.85 Epstein was instrumental in the Ponzi scheme

Reviews

Reviewer Score Comment
© 2020 @informiz.org View our privacy policy