18 Burst results for "Hoffenberg"
"hoffenberg" Discussed on Serienweise - Der Serien Podcast
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Trump Sends Well Wishes to Ghislaine Maxwell
"In our politics lead now. Even some trump republicans trump supporting Republicans expressed outrage yesterday when President trump extended well-wishes to Glenn Maxwell Maxwell has been charged with conspiring with the now dead pedophile. Jeffrey Epstein to Sexually Abuse Teenage Girls. Trump and maxwell have been photographed together, but in an interview with CNN another former Epstein business partner said that the two knew each other well as C.. N. N.'s Pamela Brown reports for us now. President Trump's return to the briefing room took an unexpected turn with his response to a question about g Lane Maxwell arrested earlier this month on multiple charges related the sexual abuse of. Girls by her longtime companion convicted sex offender. Jeffrey! Epstein she has pleaded not guilty. I haven't really been following it too much i. just wish your well. Frankly the warm wishes for Maxwell are bringing renewed scrutiny to trump's relationship with her and Epstein who government officials say died by suicide in his jail cell last year after being charged with sex trafficking, some Republican lawmakers reacted to trump's comments on twitter. Saying this is unacceptably obtuse for a woman accused of the most morally depraved of crimes, and she is despicable and he needs to. To say that I've met her numerous times over the years especially since I lived in Palm. Beach and I guess they lived in Palm Beach but I wish her well whatever it is. Trump says he's known Epstein. Since the late eighties and pictures from the ninety show the president with Maxwell who became Epstein girlfriend associate, and allegedly his madame, one picture shows trump with maxwell and nineteen ninety-seven, then again in early two thousand at trump's palm beach property mar-a-lago with his wife. Melania, and Epstein another picture shows trump with maxwell. At New York fashion show, and then again with model Naomi Campbell epsteins one time business partner Steven Hoffenberg who's been eighteen years in jail for a Ponzi scheme told CNN today. There's no dispute. They knew each other well adding he liked her, and she liked him and a two thousand two interview with New, York, magazine, trump showered praise on Epstein, calling him quote terrific guy and saying he's a lot of fun to be with. It is even said he likes beautiful women as much as I and many of them are on the younger side. After I've seen was arrested last year. Trump had a different tune claiming he kicked Epstein now. Go years before. He was a fixture in Palm Beach. I had a falling out with them a long time ago. I don't think I've spoken to him for fifteen years I wasn't a fan. Prosecutors say Maxwell went into hiding over the last year as more victims came forward, alleging she learned them in and groom them to be sexually abused by Epstein alleged victim. Virginia Jufri has claimed Maxwell recruited her in one, thousand, nine, hundred, ninety nine, while she was a locker room attendant at trump's mar-a-lago resort, though she never alleged any wrongdoing by the president. And Jake. The comments at the president made about Maxwell caught some White House officials off guard now. He is expected to brief again shortly, so we'll see if he addresses this then.
"hoffenberg" Discussed on Newsradio 1200 WOAI
"We're the ones that were picking up these girls. These important some cases 14 year old girls, introducing them to abstain and bringing him into that circle. Michael. How likely is it that Maxwell will talk and out other high profile people in exchange for some sort of plea deal? According What we're hearing from people in the UK who? No, no, not only her, but also Jeffrey Epstein when he worked for this guy, this guy, Steven Hoffenberg, who's a former employer of scene says Maxwell knows everything and that she will be naming names and fully cooperating with the FBI even said that Prince Andrew is among those very worried about what she might reveal. Group called for in senator was one of the big names associated with Jeffrey Epstein as we're people. Bill Clinton and Donald Trump. But in regards to all of this, I think that she will be speaking. Not only is it if she can cut herself some sort of a plea deal in the situation that would be interesting to see how that pulls together. According what we're hearing, she knows everything. She's totally cooperative. At this point in time on, there's a lot of people who should be very worried about what she could reveal. What charges? Is she actually facing a TTE? This point it looks like sex trafficking seems to be the main one. I think there are more that are going to come up here, especially as you start to get into details. So what she knew or what she's you know, they're going to hopefully, on some level cop to a plea deal on there will be stuff that comes up is we start to hear more and more about this right now, it seems to be the sex trafficking portion of it is the bigger charge that she's facing. All right. So you're having 1/4 of July barbecue at your house? I am happy that that is the fireworks. Fourth of July barbecue with. I believe we're going to go after Cem Cem. Peach Margarita thing does good. Well, just what do we need to bring In what time should we be there? I will send you guys the directions and I will expect an R V P food. Have a great weekend. It's Santonio First news national correspondent Michael Bauer..
"hoffenberg" Discussed on Behind the bottom line
"Host said. Jim Visit looked at the photographs. This goldmine host agreed. We'll write your chance to own a casual and they'll go crazy. Outsider would have been surprised at their enthusiasm. Schloss Hoffenberg was a small eighteenth century castle. Just outside Leipzig. The windows and doors had been boarded up for ten years. And they were holding the roof. Dr Frankenstein might have been persuaded to move in. But even he would have demanded introduction however Halston. Jim had always been optimists. They met in the nineteen fifties when Jim was a young soldier and he'd caught horth stealing cigarettes and whiskey from a storeroom. The British army base in Paderborn to sell on the black market after halted explained the enormous return on investment and offered to make Jim his partner. Jim Decides to go into business with him. They made an excellent team and by the time Jim left the army the base had ordered enough tobacco and alcohol to poison entire regiment. Luckily host Jim had diverted the goods into the local economy. Jim decided to stay in Germany and the two of them lived quite well. During the boom years of the nineteen sixties selling fake Beatles records. They'd recorded with local color band in the nineteen seventies. They moved into what they called financial consultancy. This mainly involved taking suitcases full of banknotes two zero for rich doctors who wants to avoid paying income tax but the nineteen eighties were bad. Host lost money financing a football club that went from the first division to the fourth. In the time it takes most people to brush their teeth. Jim Managed to do the same with expensive divorces from Gloria and Heidi so when the Berlin Wall came down in November nineteen eighty-nine. The two men rub the hands and thought about how they could introduce the new citizens in the eastern part of reunited Germany to the joys of capitalism. Unfortunately this didn't prove as easy sade hoped. The new citizens didn't have much money and by the early nineteen nineties. They had even less the government shutdown all F actors and made them unemployed. We need to look at what they've got and then find people elsewhere who wanted said host but what is it who will buy it. It was on a holiday visit to shelf noise Feinstein. The Jim found the answer Kossuth. He said the next time he saw host and Americans. Americans love castles and Germany's foot of them. Jim had discovered that nobody is quite sure. Who some of the consuls in eastern Germany belong to they'd being voluntarily or involuntarily handed over to the National Socialists in the nineteen thirties were confiscated by the Russians in the nineteen forties and appropriated by the East German government in the nineteen fifties. You mean we sell hostels to Americans off Horst doubt finally when we don't even own them. No onset Jim. We sell the dream of a cartel to Americans. He is how the plan was simple fast. They got addresses of people in the US with German sounding names. Then they printed brochures sharing attractive pictures of Sloth Hoffenberg they wrote a letter pretending to be is representing the administrators. The costal saying that ownership was unclear and there was the possibility. The person receiving the letter was the rightful owner. If the person sent family details in a processing fee of one hundred ninety nine dollars allston Jim would carry out the necessary investigations and see whether this was indeed the case to the delight. The scam was an instant success. They sent out thousands of letters and only a small percentage of people replied with any money. But this is more than enough wholesome. Jim wasted a few weeks. And then send each client a polite letter saying the costal unfortunately belong to someone else after all the processing fee however was not returned so life was looking very good until the morning how blind the third from Texas came to visit them in that modern news office in Berlin. Yala gentlemen that sent me the brochure about a castle. He asked with an accent left both Jim host scratching their heads. While you all eight no lawyers. Maybe the police would like to know about this. After some discussion it became clear that how it actually was more interested in the deal then in making trouble what he wanted was a costal on his ranch in Texas Manet. They're pretty passy but they now got a castle said Howard you get me a castle real castle and Wednesday nothing about your little scam Halston. Jim got started but the towns of eastern Germany were unwilling to export their castles. Even though they couldn't afford to repay them after six months host and Jim hadn't managed to find anything and Howard was getting impatient to must be costal somewhere said host almost without hope that the local people want to get rid of but where is it. It was on a holiday. Visit Transylvania the Jim found the answer..
"hoffenberg" Discussed on Truth and Lies: Jeffrey Epstein
"If you're flying in style with class you're flying Pan Am on thirty five thousand Panamerican Airways one of the iconic American travel all brands of the fifty sixty seventy s by the nineteen eighties. This one's premiere world airline Panam has fallen on hard times and Hoffenberg Epstein thing that would be great target for us to raid so they offer millions of dollars in bonds from united diversified to buy Pan Canam. The money was being used from the insurance companies and from our financial in the approach to take over Panamerican Airways is it was the height of the decade of greed the nineteen eighties. And to hear that Steven Hoffenberg and Jeffrey Epstein or trying to take over over an airline. It's hard not to think of one of the most iconic movies of that era gre- for lack of a better word is good. It's reminiscent of the movie Wall Street. Where the slick Gordon Gecko attempts a hostile takeover of failing airline garage sale in real life the towers takeover bid for Pan Am would fail and Hoffenberg states in his affidavit that resulted in quote overwhelming losses for the insurance companies as well as towers investors and according to Hoffenberg that left towers swimming women in debt? But he says the scheming didn't stop instead of closing up shop. They double down. They start selling these worthless bonds to investors investors in order to pay their previous investors. And that's the hallmark of a Ponzi scheme. You continuously sell something worthless essentially in order to a pay your previous investors and keep making money for yourself but before the scheme would unravel Hoffenberg says he and Epstein Reap the the benefits towers financial which is a publicly traded company were using investors new money to pay the investors old money back. That's the traditional scope of a Ponzi scheme. And that's what occurred and Hoffenberg or claims that it's through towers that Epstein gets his first real taste of wealth. Jeffrey obscene in the scheme. Resigning millions ZIP dollars for himself to benefit from the disadvantage of the insurance companies and the people at towers financial unusual. And that's how he became rich while still employed by towers in Nineteen Eighty Eight Epstein Inc J Epstein Steve and company in New York. which would later become epsteins public explanation for his wealth that he was a successful financial adviser he later? Renamed that company the Financial Trust Company Hamburg says that when Epstein came to him he was living in a one bedroom apartment but by the time he he leaves he's living a much different considerably wealthier. Lifestyle and Hoffenberg says that abstain makes a little money. Through this tower. Financial Nanteuil scheme goes off and uses that money to cede his next venture the money for these acquisitions for this expensive lifestyle. It came from towers financial. He became a millionaire only because towers financial. There's no question that that was the seed money for the financial nutro scupper towers financial would collapse as a Ponzi scheme in nineteen ninety-three. It was in February that year when the SEC filed a suit against Hoffenberg the company and some of its other executives in Nineteen ninety-three the SEC files a lawsuit against Hoffenberg and this is the beginning inning of the end for him. It is at the time one of the biggest Ponzi schemes of our time. And this is of course before Bernie Madoff while Hoffenberg says that Epstein Epstein was the mastermind of the Scheme Epstein had left the company before it collapsed and it was Hoffenberg who would end up pleading guilty to charges of securities fraud. I plead guilty and ninety five cents in ninety seven. Hoffenberg is convicted and he ends up spending. Nearly twenty years in federal prison. Hoffenberg it would also be ordered to pay restitution of more than four hundred fifty million dollars back to the Victims Epstein however was never charged in the matter how Epstein Walk from this. I don't have an answer. It looks twenty five years on that some combination of luck walk good lawyering and prosecutorial oversight you know led to Epstein somehow how getting getting away without even a fine that we can discern in tapes provided to ABC News. We're hearing epsteins account of what happened. He tells journalist David Bank in two thousand three mid he did consult Hoffenberg on the takeover of panel the. I'm not sure hindsight that that would be like this. But I advised and the green part of but Epstein claims. He didn't know about towers and Hoffenberg fraudulent activity until the company's collapse. An in that two thousand three interview Epstein Throws Hoffenberg under the bus so that we have the state your pendants I would associate with. But when they're out against the other factors of the money that he had if you have money taken some Forgive my laughing but there is no explanation in the world. None for Jeffrey. FC Not to have been charged with me as a co-defendant Hoffenberg however doesn't by the babe in the woods routine and he says Epstein should. I've been standing right beside him when the handcuffs were slapped on. Jeffrey Epstein participated in lockstep with everything. That was is part of the criminal enterprise the telephone intial Epstein walks from this Disaster Epstein to the best of our knowledge at this point does it have any personal reliability in this and he does it have to forfeit anything. He certainly doesn't spend a second in jail. He definitely comes out of this in much much much. Better shape than when he went in which I. I'm very confident. In saying he's the only person to have been anywhere near Towers Financial Santeuil that could say he came out in better shape.
"hoffenberg" Discussed on Truth and Lies: Jeffrey Epstein
"Society else but between nineteen eighty one in the late one thousand nine hundred eighty s as Epstein is running his own consulting firm whether he was having any success or not is unclear author Bill Cohen and says that if Epstein had found some new strategy for investing or making money for his clients wouldn't have remained a secret for long. If Jeffrey Free Epstein were doing anything miraculous a would have been Unwound would have been discovered if there was some secret sauce that he was using spreading around. We're all known about it. Epstein had always been secretive about his clients and and while he claimed that billionaires were calling him for advice he appears to switch gears. After a few years I was the CEO of towers always finding Corporation this is Steven Hoffenberg. Who Hired Jeffrey Epstein in one thousand nine hundred eighty seven? I am a former principal. Associate Partner of Jeffrey Epstein's and I've spent years with him. I understand him greater. Probably Google's the most others based on my history with him and we started in the seventies. We grew into sadly to to report a criminal enterprise before Jeffrey Epstein arrives on the scene towers financial. Is this company run by Steven Hoffenberg. It's a repo. Oh Company. They're basically bill collectors. If there's a big debt owed to a hospital or an insurance provider they'll go out they'll oh by that debt and then try and collect it from the people who who is in New York City in the nineteen eighties at the towers. Financial headquarters of four seventeen fifth. Avenue is when I made sure they describe him as the route flew ren look rugged manly shop rather swagger. It's very sophisticated. Jeffrey Epstein had come to know an associate of Hoffenberg who Hoffenberg says recommended him. Good friend of mine said to me. We have an executive onboard. And American from New York named Jeffrey Epstein. Hoffenberg says at the Time Epstein was struggling financially. The meeting of Jeffrey Epstein was unusual number one Jeffrey Epstein was broke. Couldn't pay his bills and came to us. Humbly looking for employment and asking for opportunity there were clouds but tell us financial was having its own problems with the Securities Exchange Commission Hoffenberg though says he was impressed by Epstein. He says he saw talent in him. And we saw in Jeffrey Epstein mm-hmm this magnificent personality in this tremendous Wall Street. salesmanship he's charming. He's charismatic very funny. He's lovable totally lovable. And very unusually smart. Nobody was dealing with all the time and had the ability we see Wall Street turns up and down and the way to make money on Wall Street so hop in Burg Brings Epstein on board as a consultant reportedly setting him up in an office and as court records later show he paid Epstein a consulting fee of twenty five thousand dollars a month. There were a team of people on Wall Street involved until his financial team but Epstein in Iran it Epstein goes from operating out of his one bedroom bachelor apartment to then and now one of the most sought after addresses in Manhattan. You know a large office overlooking a famous restaurant in a courtyard in midtown Manhattan on Madison Avenue that is ABC News Contributor Contributor Rodney Boyd. A financial investigative reporter and the founder of the Southern Investigative Reporting Foundation. Life had to be looking pretty good for him at at that point Hoffenberg says during this time he and Epstein got to know each other quite well. We worked together seven days a week. We traveled the world together. And we got to know each other's thinking methods ways and lifestyle you know Vanity anti-fair said that you were abstains. Real Mentor that true. Yes as one of their first acts together at Towers Hoffenberg alleges in an affidavit that he and Epstein took over to insurance companies so 1987 Hoffenberg and Epstein acquired these two failing Illinois insurance companies companies United Fire and associated life. and the thinking there goes. We're not trying to get into the insurance business. So why would they want to acquire insurance companies if if they had no intention of running them well. Insurance companies are legally required to have a lot of cash on hand just in case they have to pay claims they used. WHO's these two insurance companies as their cash pile and let's be clear here? This is totally illegal. They envision themselves Eckstein and Hoffenberg as corporate raiders who are good to go in choir the companies and then they start thinking about ways of using that cash pile to go out and read and acquire new companies and Hoffenberg says they set their sights on acquiring an iconic airline..
"hoffenberg" Discussed on The Mysterious Mr. Epstein
"This is episode to poor smart and desperate. It's the spring of nineteen sixty nine at Lafayette High School in South Brooklyn. Jeffrey Epstein is sixteen years old a photo in his senior yearbook shows him in his graduation gown shoulders slouched posing for the camera but looking like his mind is elsewhere another photo taken around the same time shows him shirtless and cutoff jeans his feet in the sand end of Coney Island beach he has a wild mess of hair and a pudgy torso and again he slashed over the young man is a Whiz at math and science and a member the School Band Epstein and his family live in coney island in a cluster of middle class homes surrounded by the flat grey Bluewater of the Brooklyn seaside countless news outlets have reported that Epstein's father. Seymour worked for the Parks Department and on Seymour's death certificate. The Parks Department is listed as his employer but the truth is see more only worked there for three months in nineteen sixty almost like everything else in epsteins origin story even his father. There is a mysterious footnote. After I've seen graduates he attends Cooper Union for two years then he enrolls at New York University but he drops ops out in the summer of seventy four without earning a degree but this is where he makes his first leap up the New York Social Ladder at twenty one years old he lands the job teaching math and physics at one of the most prestigious private high schools in the country where he'll leave a strong impression on the children of New York's elite and their fathers bothers. It's the fall of nineteen seventy five at the Dalton School on Manhattan's Upper East side. The school looks unassuming from the outside. Naas tier brick building windows studied with air conditioners. What inside classrooms are filled with children of celebrities and captains happens industry between classes. Mr Epstein mingles with students. He's got a magnetism now alluded him in his high school days. He'll later be photographed. Graf the school yearbook wearing a suit jacket and a shirt with a flair dot collar unbuttoned revealing his chest and a gold chain Peter Branch who is ahead of the upper school at the time remembers when Epstein arrived with a person like Epstein who could teach physics and higher level. Math skills feels that are still in rare supply in the school world and was clearly ability to convince people that he was something that he wasn't. It's not surprising to me that he was hired. Many students like Mr Epstein on top of teaching math and physics. He also coaches the school's math team. He even performed for the spring musical with the school paper noting that Mr Epstein proved himself to be the ivory showman on the piano Epstein doesn't behave like the other teachers. He attends a party to students house. Were students are drinking. He flirts with girls in the hallways. Rumors circulate eight about Epstein's relationship with one girl in particular. He's never accused of any crimes with the New York. Times will lay report that a few students were quote so discomforted by a close relationship he had with one of their female peers at one of them had raised the issue to a school administrator students at Dalton. Come from some of the wealthiest families always in the country. They're parents aren't easily impressed but Mr Epstein makes an impression. It's through Dalton that Epstein manages to meet ACE Greenberg. A LEGEND ON WALL STREET TURNS OUT THAT EPSTEIN is exactly the sort of man that ace Greenberg likes to recruit like Epstein Greenberg comes from modest means. He arrived in New York looking for work during the recession of nineteen forty nine. I finally did get a job as a clerk bear stearns and was thirty two fifty to your week. That didn't go very far then and I know the prices were cheaper than than they are. Now I can tell you that I still didn't go very far. It didn't go any place still in his early. The fifties Greenberg's risen through the ranks of the investment bank bear stearns and Greenberg's background dictates hiring philosophy. He's on the lookout for what he calls halls. PSD's employees who are poor smart and desperate to get rich dreamer thinks Epstein is an ideal higher for bear stearns for Longtime Epstein Origin Story was that Dalton opened his eyes to a world of boundless wealth influence and power so he quit the teaching engage and with talent despair he went out to make his mark and his millions on Wall Street but the head of the Upper School Peter Branch says Epstein didn't take the job ob seriously that he was falling short of Dalton standards so branch asked him to leave in one thousand nine seventy six Epstein starts at bear stearns as a junior assistant floor trader what he's talented and he quickly moved up the ladder within just four years. Epstein's limited partner at bear stearns most twenty-seven-year-old college dropouts would consider themselves on a glide path to comfort and security already not Epstein. He abruptly leaves bear stearns a year later. He'll tell people it was because he wanted more that he wanted to start his own firm arm. He wanted to help the super rich quote understand the power responsibility and the burden of their money but once again that's not the whole truth. It's April fool's Day nineteen eighty-one just three weeks after Epstein resigned from bear stearns he's being questioned by the Securities Securities and Exchange Commission about allegations of insider trading around a mineral company called the Saint Joe Minerals Corporation the SEC investigators starting on obscene sir. You aware that certain rumors may have been circulating around your firm in connection with your reason for leaving the firm. I'm aware there were many rumors. Were the rumors you heard nothing to do with Saint Joe. Has Anyone indicated to you in anyway either directly or indirectly in words or substance that your compensation Asian for this past year or any future money's coming from bear stearns we'll be contingent upon you're not divulging information to the Securities and Exchange Commission no uh the questioning goes on but the SEC never brings charges against Epstein or anyone else at Bear Stearns Epstein later admits that part of why he he left bear stearns was over illegal loan to an old friend. He claims he didn't know it was illegal but that it cost him his shot at becoming a full partner nevertheless when Epstein leaves he still gets his annual bonus of one hundred thousand dollars but the boss doesn't last long and soon soon Epstein is reportedly broke. He needs a new plan. Jeffrey Epstein stands in front of a building in midtown. Manhattan called the Villard arthouse. It's as long as a city block and has touches of an Italian Palazzo once the residence of a railroad tycoon. Epstein's new business partner set him up with an office at this coveted address. He's paying Epstein. Twenty five thousand dollars a month to serve as his business consultant his new business partner. You're is named Steven Hoffenberg the head of Towers Financial Together Epstein Hoffenberg come up with a new business venture they I take money from retirees on the pretense of safe investments and then use them to keep their own aggressive business ventures afloat a when the investments nosedive all four hundred sixty million of the retirees money is lost in the wreckage. Hoffenberg gets indicted and ends up in prison prosecutors though do nothing to pursue Epstein further to this day. Hoffenberg claims not to understand why there's no explanation for not charging. That's Chrissy should have been drugged so Epstein skates out of one of the largest Ponzi schemes in American history and back to running his advisory firm J Epstein and Co f seen boasts that it has only one rule billionaires only if you only have nine hundred ninety nine into your name take a hike but if you have a Billion Dollars J Epstein and company will happily shoulder the burden of managing your wealth which leads to very fruitful relationship with the only billionaire he'll ever publicly confirm as a client of J Epstein and company billionaire who turned a single clothing store into a retail retail empire that would include Abercrombie and Fitch and Victoria's secret. His name is Les Wexner and he's the man who made Jeffrey Ramstein.
"hoffenberg" Discussed on The Mysterious Mr. Epstein
"The following episode contains descriptions of sexual violence and may not be suitable for everyone. Please see the episode notes for more information about support services. It's November nineteen ninety ninety three Steven Hoffenberg in his late forties with coughed hair and Brown cheeks puff out when he grins Hoffenberg is known around New York as a quintessential central Wall Street master of the universe recently he bailed out the financially troubled tabloid the New York Post. He turns up at society functions and he's rented a whole floor and trump tower. He made his fortune running. A company called towers financial which bought up debts like unpaid medical bills and got the debtors to pay them at its peak towers had twelve hundred employees. It was worth an estimated ninety five million dollars but Hoffenberg business tactics haven't always been above board the SEC's been investigating him for years and now they have enough evidence to put together a case today. Hoffenberg Sandberg sits inside a grand jury chamber in Chicago With Towers Financial they allege Hoffenberg operated one of the biggest financial frauds in US history. Cheating Investors Astor's out of more than four hundred fifty million dollars. Hoffenberg is planning to cooperate with the government and tell them more about his scheme and also about the man he claims engineered it his business partner. Jeffrey Epstein offenburg takes his seat before the jury the prosecutor your approaches and asks Hoffenberg to walk them through the plan he and Epstein devised step by step. Hof Bergen Epstein targeted people who didn't have much money me retirees widows the disabled and promised healthy return on their investment but instead they use the money to cover losses in other risky business steals and hundreds of thousands of people lost their life savings. It was a classic Ponzi scheme again and again. The prosecutor asked who designed designed the scam and the complex stock manipulations it required. Hoffenberg always answers with the same name. Jeffrey Epstein was the person in charge of the transactions actions. Epstein was trying to manipulate the price of the stock. Yes you didn't object that Sir no Hoffenberg Hoffenberg is sentenced for the scheme and serves nearly two decades in prison to this day. Hoffenberg still says the same thing he said to prosecutors back the he was the mastermind Ralian Wall Street executive that expert in what was taking place at the company that was doing the criminal misconduct he was breathing fast told me that he participating everything with twenty four four seven but when reporters from the Washington Post later look at this case they find something strange even though Hoffenberg grand jury testimony gave detailed tailed damning evidence that Epstein was deeply involved in the scheme epsteins involvement vanishes from the case and while Hoffenberg went to prison for Years Epstein was never charged today. Hoffenberg claims that the money Epstein made from their Ponzi scheme became the foundation nation for his fortune but digging into the origins of Jeffrey Epstein's wealth is more complicated than that where his money came from is still a question reporters are trying to the answer but a few things are certain federal investigators questioned Epstein. About Shady financial deals yet he was never indicted and his fortunes rose when as a young man on Wall Street he was able to charm and win the trust of a few corporate titans including in particular one lonely billionaire.
"hoffenberg" Discussed on BROKEN: Jeffrey Epstein
"Now the reason this is a Ponzi scheme as I understand it is because as you would take the proceeds from subsequent bond issues to pay the investors for the previous ones which is the definition of a Ponzi scheme right that is correct once you use new money to pay all money that's classified as a Ponzi scheme again at the time. The biggest Ponzi Z. Scheme in history money is coming in like crazy hundreds of millions of dollars in fact Hoffenberg says Epstein becomes obsessed zest with using that money to really make a big mark. He decides he's GonNa Buy Pan. AM which at the time was probably the most prestigious historic doc airline in the world and the bond scheme wasn't enough for this team so towers adds to this ongoing ongoing Ponzi scheme massive insurance fraud they buy two insurance companies in Illinois Associated Life Insurance and United Fire Insurance and unlike any insurance company though they have lots of money in the bank because they took in premiums from people are holding onto the money so they can pay it out when someone's house burns down or someone with a life insurance policy dis now regulators always keep a close eye on insurance companies because it would obviously it'd be very bad if they don't have money left when the customers need it and can't rebuild their house or get on with their life after a loved one dies so in a routine audit the State of Illinois notices this is that there are weird things happening at these two companies they then asked a lawyer Barry Gross to take over the companies to dissolve them and have have the state take responsibility for any claims as gross does his job. He quickly discovers. This isn't just a poorly run set of companies companies. This is a major fraud in this case. They were reflectively transferring money for example. The money that was transferred to Epstein was characterized as consulting services. You know no one could demonstrate what consulting services ever provided aided. Epstein was someone who no one in the insurance industry recognizes someone who had expertise you know where you would go to for consulting services and that type of an expense is just totally uncommon it so we were concerned about that being money just for me be transferred from the company. Grows is not a cop. He's not a criminal prosecutor. He's a lawyer and a CPA who has uncovered what looks like blatant crime so he calls the people who prosecute crime. You know we did contact the Chicago. US Attorney's office US During Office for the Northern District of Illinois and let them know of our concerns they started the investigation here but it clearly the companies were being managed out of New York and so they L. Typically transported to the New York opposite the district attorney of the US Attorney's office now in Chicago epsteins name kept coming up up it came up in Barry Gross investigation and then according to some great reporting in the Washington Post epsteins name also came up in grand jury testimony money in Chicago in one thousand nine hundred three which identified him as the mastermind of the whole scheme but he's like a zealot of crime. If there's a crime he's there it it is incredible to you couldn't make up this character. He was involved in some of the shadiest aspects of our financial system. The Wild as Wall Street in the early eighties when deregulation is creating just this free for all the shady world of arms dealers and money laundering in the mid eighties this this massive Ponzi scheme even later we'll get to this in a later episode becomes the head of a major subprime lending operation ration- that was part of the toxic assets that brought down the global economy. He's like a villain in eight different movies. If you made up this character you'd have to tone it down. You'd you'd have to tone it down exactly but in this case Epstein slips away he kinda disappears from the whole towers operation before things start getting really bad and then there's this early investigation in Chicago they transfer the whole investigation to New York to the southern district of New York because because Towers is based here and somehow in that process epsteins named disappears prosecutors here. Don't bring him up ever again. What happens to Hoffenberg Hoffenberg is sentenced to twenty years in prison. He serves most of it. Mitch Braider and another confederate also convicted but Epstein isn't as far as we can tell even looked at and I should say we're still looking into this show reporting but as far as we can tell right now this was not a case of Epstein being protected by powerful figures or treat in a special way like he would be years later with his case in Florida. Just get lucky he was lucky and maybe a little savvy he was never on the payroll of towers he was a consultant and all the co conspirators who were actually on the payroll were loud and easy targets so prosecutors focused on them but even though Epstein was never convicted of this crime. If you remember what Paul Pelletier told us that doesn't matter because the money he got from the scam and we know for sure he got money was tainted by the crime all of that money was identified as tainted money for ever and if that money was used to fund his future businesses than that money is tainted to now that would be true if Epstein wasn't a participant in the fraud if he was an innocent dupe who just somehow got paid by this Ponzi scheme probably the best example that we have of that is in the meat off Ponzi scheme so that's Paul pelletier again that former prosecutor and the Bernie madoff example sample is very telling as with any Ponzi scheme made off was using future investments to pay off earlier investors. One of those lucky investors was a hedge fund manager named in Stanley Chase who got around one billion dollars from MEDOFF. He died and left his money to his widow. The government was pursuing those funds even though the wife had nothing to do with the crime was in salt possession of the money but the money was directly linked to make Ponzi scheme so so even if he was innocent if authorities can show that some significant portion of his wealth originated in the towers fraud the government can seize sees it but we obviously don't think that he was innocent of wrongdoing and remember when Jeffrey Epstein met Steven Hoffenberg in nineteen eighty seven. He was broke when he stops working with him around nineteen. ninety-one Epstein is wildly rich. He was becoming the man who had so so much money. He was able to live this life of complete disregard for the law. Now the other thing that happened that's important in that same time period as he also met. Les Wexner the owner of Victoria's secret and probably as listeners to this show. No everybody's trying to figure out what his relationship with wexner was and how much money he got out of that relationship so right now we don't know how much of Epstein's money came from the tower scam and how much came from other sources purses now. Hoffenberg told me Epstein made hundreds of millions of dollars from towers but it's hard to take Hoffenberg as word I mean he is a convicted fraudster her who is seeking to rebuild his reputation and it must be a great temptation to say hey everyone you know the most hated man in the world he actually did all the crimes that I plead guilty to but we do have clear documentary evidence that Epstein received hundreds of thousands of dollars from the scam written out to his name in records and obviously when you're running a massive multi million dollar scam you don't normally write checks to yourself in your name so we can assume that he made many millions of dollars from the scam but to this day we don't know how much now the reason it's important to know how much is because for prosecutors to seize all of his wealth to avoid the Virgin Islands mass. They need to show sort of a chain of custody. They need to show that the money he has today the money he left in his trust originated in this crime. Now there's another avenue also which is to show that the subsequent money was also part of crimes because has in theory. It's possible that the second he left towers. He never again did anything illicit. I called Diana and Rica's. She's a legendary financial reporter order. She was at the New York Times for a long time and she actually covered the towers. Financial fraud and later became one of the only reporters who Bernie madoff with talk to when he was in jail. Oh there's this great. Hbo Film Starring Robert Deniro About Their relationship she has known a ton of Conman Ponzi schemers and she's made it a big project check to understand how they think and I asked.
"hoffenberg" Discussed on KCRW
"Financial around that time he says a British business acquaintance introduced him to abstain Hoffenberg says he was immediately impressed to be brilliant extraordinarily gifted and talented aging convincing people to buy from him and their criminal mastermind Kasson vertus he hired at Steve and they became very close Hoffenberg became a kind of mentor to him Epstein helped him raise money on Wall Street new many people in the brokerage business that sold securities and they gave him access to invest and he says the two of them conspired in the scheme that would later send Hoffenberg to prison often birds firm acquired the parent company of two Illinois insurance companies then he says they use the company's money to launch a failed attempt to buy the airline Pan Am he says they also drain hundreds of millions of dollars from towers financial investors for personal use Hoffenberg acknowledges his role in the scheme it was a criminal investment into parts so I'm not trying to sleep to you that deal was hopeless they choose to complement possum bird would plead guilty in nineteen ninety five to mail fraud tax evasion and obstruction of justice he says he told federal prosecutors about apps dean's role in the scheme there's no question relates all of that makes no sense right is whole Weiss makes no sense the staff makes number Sir but that's team would never be charged why that is remains unclear the federal prosecutor who handled the matter declined to discuss it saying he never comments on past cases one former prosecutor who didn't speak was Amy Malard he's now in private practice at the law firm claim in in Rosenberg she came into the case late and twenty five years later she doesn't remember a whole lot about it but she says Hoffenberg didn't exactly seem like a trustworthy witness I remember that at the point that I met him and have named dealings with him I did not believe that he was credible in his statements the lord says thousands of people who had put money in towers financial were hurt when the firm declared bankruptcy after Hoffenberg was charged and Hoffenberg demeanor in the courtroom scene less than sympathetic she was extraordinarily arrogant not taking responsibility for what he had done and that there were a huge number of victims who were hurt by his behavior now out of prison Hoffenberg acknowledges that his crimes cost a lot of people their retirement savings before F. Steens death he says he actually called some of the victims of his fraud he told them Epstein had walked away with money from the fraud and Hoffenberg encourage the victims to sue Epstein he even offered to testify on their behalf and I'm the first one in warrant to assist the victims at seventy four I I like to go to closing gates assisting the victims one of the victims he contacted did file a class action suit against apps team last year and Hoffenberg suit up steam himself but if Steve's attorneys argued that the statute of limitations had run out on whatever crimes were committed and the suits were later withdrawn Jim.
"hoffenberg" Discussed on WNYC 93.9 FM
"Towers financial investors for personal use Hoffenberg acknowledges his role in the scheme it was a criminal investment into parts so I'm not trying to say to you that deal with hopeless there should be a compliment awesome bird would plead guilty in nineteen ninety five to mail fraud tax evasion and obstruction of justice he says he told federal prosecutors about apps dean's role in the scheme we won't question relates older makes no sense right queues whole wife makes no sense the staff makes number Sir let it steam would never be charged why that is remains unclear the federal prosecutor who handled the matter declined to discuss it saying he never comments on past cases one former prosecutor who didn't speak was Amy Malard he's now in private practice at the law firm claim in in Rosenberg she came into the case late and twenty five years later she doesn't remember a whole lot about it but she says Hoffenberg didn't exactly seem like a trustworthy witness I remember that at the point that I met him and have named dealings with him I did not believe that he was credible in his statements the lord says thousands of people who had put money in towers financial or hurt when the firm declared bankruptcy after Hoffenberg was charged and Hoffenberg demeanor in the courtroom scene less than sympathetic she was extraordinarily arrogant not taking responsibility for what he had done and that there were a huge number of victims who were hurt by his behavior now out of prison Hoffenberg acknowledges that his crimes cost a lot of people their retirement savings before F. schemes death he says he actually called some of the victims of his fraud he told them Epstein had walked away with money from the fraud and Hoffenberg encourage the victims to sue Epstein he even offered to testify on their behalf from the first warning warning to assist the victims at seventy four I'd like to go to closing gates assisting the victims one of the victims he contacted did file a class action suit against apps team last year and Hoffenberg suit up steam himself but if Steve's attorneys argued that the statute of limitations had run out on whatever crimes were committed and the suits were later withdrawn Jim's a rowly NPR news New York you're listening to All Things Considered on W. NYC just ahead to a conversation with our reporter who just returned to New Delhi from cashmere which has been under a strict communications blackout by the Indian government that's coming up next and will also speak with the athletics reporter Lindsay Jones about the.
"hoffenberg" Discussed on Future Hindsight
"Excited. Fantastic. Thank you very much. You're so welcome. I think it's apt that what makes Julianne hopeful if they young people of parkland after all, she works as an advocate for us. Justice, her work is so essential. And although she explained that there's a well established history of incarcerating children in this country, I still do wonder how do we get here when will rectify this system of injustice for a most vulnerable children? I just know that if we were to give every child affair chance, regardless of race or economic background. We will definitely unlock the full human potential for our society like any good activist group, the gathering utilizes variety of strategies to make change and I really appreciate learning more about how king in nonviolence works suspending your first judgment and meeting people where they are makes. It possible to champion others to your cause. How can return everyday citizens into engaged constituents on the next episode of future hindsight, our guest, Brad Fitch? He's the president and CEO of congressional management foundation, and is the author of citizens. A handbook to influencing elected officials. He makes an eloquent case for direct interaction with our members of congress. What are we shirt shows, is that members of congress, the interact with constituent, primarily one, one of two things one, they'd like to hear a personal story on how a biller issue may affect, you know, lobbyists can do that. No mobs can attach issue to a face. And that's what constituent advocacy can do second like to hear a little bit about the local impact. I remember when I was working as a legislative director for a lawmaker who is trying to decide whether or not to cosponsor piece of legislation that would overturn some regulation that EPA put out the head, you dry cleaners in basically the had put out a regulation that required dry. Leaders to use them works pensive chemical. But it was better for the environment and boss was torn on this, and we had a dry cleaner write in and say, I have three dry cleaning established in your district. I employ twelve people if this regulation is allowed to put forward, I'm going to have to lay people off. That's a very powerful statement to an elected official because that shows them the direct impact that their decisions have on their local community until next time. I'm neil. Thank you visiting to future Hinds, the executive producer in host of this program is meal, atmos-, the audio producer in music, composer, is Peter fada. The associate producer is medium, sue finace online at future. Hindsight dot com and listen to us through your favorite streaming services.
"hoffenberg" Discussed on Future Hindsight
"There's a podcast, I think our listeners would want to know about. It's called seen on radio. The show has received much acclaim for its deep and engaging dives into the history, and the very structure of American society. How can we see society more clearly so he can be more effective in changing it seen on radios to recent documentary series seeing white and men have explored racism and sexism in Iowa winning ways, checkout seen on radio? That's S C E N E on radio from the center for documentary studies and PR ex. Welcome to future hindsight, I'm meal at moss. Ooh. What is the power of nonviolence and the movement for social Justice? That's our question for guest on Petra. Hindsight today, Julianne Hoffenberg. She's the director of operations of the gathering for Justice, which is a social Justice organization founded by Harry Belafonte in two thousand and five, the gathering utilizes Kenyan nonviolence as a social application for change and civic engagement, thank you for joining us. Thank you so much for having me. Can you tell us a little bit about the moment when the gathering for Justice was found it? So it was two thousand and five and Harry Belafonte at the time was on tour as a performer, and he was in his hotel room and saw a new story come over the television about a five year old black girl in Florida, named Joshua, Scott. She was arrested in her classroom for being unruly. And the photo that. They showed on the news of this tiny little black girl being. Bent over a desk and handcuffed by three white police officers. And so he was, obviously clearly and immediately alarmed, and thought this has to be an anomaly, this can't be happening. So he started calling his peers from the civil rights movement. I think is first. Call was to Marian Wright Edelman of the Children's Defense Fund, and she sobered him up that it happened all the time that they were elementary school children in prisons, in, in our country, and he was devastated and felt responsible. So he called together the gathering the elders where he pulled all his peers together. And so one of his peers, who actually was a protege of his a man named Noni, Alexandra's and his young staffer was a young woman named Carmen Perez, and he brought her to the second gathering, and it was at the second gath-. Airing that they actually made it official and said, this is going to be an organization in this is the gathering for Justice and carbon became the youth director, and then the national organizing director, and then our executive director and talk a little bit about the children were being incarcerated, ending tall incarcerations, one of your goals riots, and according to your website, and maybe the numbers are slightly different now four thousand the twenty children are arrested every day. That's one child every twenty one second. Yeah. Who are these children? And why are they imprisoned? So, you know, this is a part of a bigger problem, you know, that we sort of refer to as the scold prison pipeline. There are schools and communities, mostly in black and Brown import neighborhoods, where in some places they call them resource officers in some places they call them safety officers. But basically, what they are as police officers that are in schools in place of guidance counselors in place of serve. Mrs or programs that children might need so they take those services out and they replace them with police. For instance, I am a white person. I grew up in Connecticut, if I got into a fight, which I did in second grade, I would get brought down to the principal's office, and I would have to listen to a lecture and maybe go to detention after school, but in a lot of schools around the country, they get into a fight, they get arrested and that goes on their record. We worked with a young man named Khalif Browder fifteen years old. He's young man from the Bronx and he was arrested for allegedly stealing a backpack. He went to Rikers his family couldn't afford the bail. His case was postponed in in most porn. He spent more than three years on Rikers a tremendous amount of that time in solitary confinement, seven hundred and fifty three days where he attempted suicide many times where he was brutalized by guards and other. Incarcerated people rates and beaten, and when he finally got out because they just dropped the case, the post traumatic stress was so overwhelming that even a year after he got out, he'd been entered into college and was doing well police intimidated him on the street one day, and that experience almost casual but every day normal occurrence interaction with police Just's was too much for him. The idea of may be going back so he went home and he killed himself and about a year later. His mother died of a broken heart, basically, a very young woman. I think it's eighty three percent of the people in Rikers are not convicted of a crime. They're just doing time waiting for hearings waiting for trials to start and they're basically just convicted because they can't afford bail. So they're poor. And a lot of those people are young things are changing a little bit. But, you know, lot of the kids that were sitting in Rikers were there because they. Jumped at turnstile. What is the legal history there that we allow children in prison? When is has that been become a norm of her? There's an incredible book by Nell Bernstein, called burning down the house, the end of juvenile prison. She calls for the abolishment of all juvenile prisons, and she makes a very strong case for why that's important. But basically, we started criminalizing young people in the late eighteen hundreds early nineteen hundreds, you hear a lot about, especially young girls who were criminalised and, you know, put into certain kinds of institutions, if they had any kind of independence and in, like New York City, for instance, you would start to see these not really shelters, but detention centers for young people, mostly kids that they thought were trouble according to Nelbourne steam ninety nine percent of Americans commit at least one crime before they're eighteen but only. Black and Brown kids of color, import kids, actually get criminalised for those crimes. So historically is their idea of stopping crime before it even happens. So there criminalizing these children before they commit a crime. They're looking for certain behaviors that are innocent. Loitering is playing in other communities. It's just really entrenched in the way our criminal Justice system works, and how he value and view race and poverty. It. Yeah. How do you do your work? How does the gathering with work? We do. I think four things really, well, we were very good at bringing coalitions together and China assess big problems and pine of dig deep into communities where excellent at rapid response and just a few years ago. We brought together we call him criminal Justice task force, or urgent response task force called Justice league NYC were interested in racial equity, and juvenile Justice in sort of read those things intersect, we really. Came together to focus on police brutality, police accountability and transparency and put together an agenda for Justice reform in New York City, New York state, and across the country. We ended up marching to undermine fifty miles with our organization and probably one hundred people that marched with us every day from New York City to Washington. DC's
"hoffenberg" Discussed on Behind the Bastards
"In Hoffenberg met, the former have been running a small consulting company out of his apartment. He just been ousted from Bear Stearns. And in Hoffenberg 's words was getting into trouble Hoffenberg hired Epstein on as a consultant at the time. The Vanity Fair article was published two thousand three it was unclear exactly what Epstein did for tower financial. Title. But what is clear is that the SEC tame down on the company hard Hoffenberg was charged with running a four hundred fifty million dollar Ponzi scheme one of the largest in American history and was sentenced to twenty years in prison. He has more recently claimed that Epstein was behind the entire Ponzi scheme, and wasn't fact the architect of it, but somehow managed to escape prosecution, but that's only in the last year too. So. Okay. Seems like made his money from a pyramid game. Yeah. I that's fine. At a certain point when you're dealing with lots and lots of money and people with no conscience, I can't even understand the crimes that they're doing anymore. I just like this person took a lot of money from a lot of other people and lied to people and there were jets and planes and consulting. And it was like, okay. Yeah. Money money money on crime crime crime. That's I I will never make enough money to either commit one of these schemes or be taken in by one of them. So I I feel I'm protected they're just a again same thing with like Bernie Madoff where I'm just daily aware that he did a bad thing. But I can't like if you put a gun to my head right now, it was like a five paragraph essay. Yes, pretty made ops. Crimes. And if this was doing he was just a guy who became a billionaire because he did some insight or training and ran upon scheme in lie. Lied about how he became a billionaire. He wouldn't be interesting. But the fact of the matter is that Epstein there was something else going on in this entire period. That may be either we're going to get into this philanthropy now or why we're gonna land therapy. So we're gonna talk about Jeffrey Epstein sexual crimes and how they may be tied to the gigantic impossibly possibly inexhaustible fortunate that he still maintains to this day, but I is an ad pivot. Dan. Oh shit. Yeah. Yeah. Some of those right? Some of those tasty tasty ads, which I can promise all our listeners are are not puns east games. Although I don't know what a Ponzi scheme is. Yeah. They they could be feels like a crazy thing to promise your listeners. You're right. Yup. Like, I believe that you spent. Two weeks reading international money man of mystery and doing lots of research for this episode. I don't believe that you thoroughly vetted like belt company. That's going to advertise on thought cats. So it's not a tech companies Daniels. No. I mean, I I don't know what classes team is. That's all I can say. Oh, boy, this this ad pivot has gone off the rails, Dan. Yeah. Products. This is April Callaghan and Cassidy's Zachary. We are fashion historians and together, we.
"hoffenberg" Discussed on Behind the Bastards
"These people recall that after his Bear Stearns period rather than jumping right into billionaire? Money-management? Epstein was a self-described bounty hunter recovering lost and snow in money for a variety of clients. He had a licensed to carry a handgun in New York City, which is a really hard thing to do like the hardest gun-related licensed to get in this country. But yeah, yeah, it's school. You don't get a carry license in New York City, unless you're really rich or the governor. Okay. Or or the really rich governor that currently? Yeah. Yeah. Yeah. Anyway, now, can I just ask what what the name of the article? That was Lord. Yeah. Her article was the talented, Mr. Epstein, okay? It was Klay on just Mr. right? It's it's continuing the theme of late nineties movies. Yeah. About Jeff F C for some reason that was the only way to rate a title back then. Yeah. Yeah. Yeah. I'm looking forward to Epstein in love been read at one of them. Epstein to when nature calls. That's the story about that flight to Africa. Ma'am. Brought it brought it around. So it's clear that Epstein's rise to billionaire financier was not as smooth is. He presents it. It's almost impossible to unwrap. Exactly. How Epstein got so rich in precisely what he did. But we do know that either in nineteen eighty nine or nineteen eighty six. He started up a friendship with lex Wechsler, the billionaire founder of Victoria's Secret among other retail companies, but the time people started writing about Epstein, he managed virtually all of Wexler is money. Now most coverage at this time focused on his connection to Wexler as an explanation for how Epstein rose to prominence taken that way, his rises the story of brilliant and unorthodox funds manager who proved himself so invaluable to one billionaire that he soon became the go-to money guy at the incredibly rich. But there is no hard evidence that this is the case either even Epsteins friends at the time, including Tiffany and company. CEO Rosa Monckton admitted that there was something strange about Jeffrey's background. So this is what she told Vanity Fair quote. He's very Matic. You think you know, him in the new peel off another ring of the onion skin. And there's something else extraordinary underneath he never reveals his hand. He's a classic. Iceberg. What you see is not what you get. So when you talk about the Cambrian, this can't be an original thought when you peel back a layer of an onion. It's more onion, it is more onion. It's never a surprise the same like, you don't peel an onion. It was like there's seeds and fruit in here. It's just more fucking onion. Well, then I don't know. So you peel back and onion and you find an iceberg. Okay. Yeah. And then behind with this Berg is a different hand of poker. Right. Yeah. This is this this horse is just the tip of the I get. Part of why Epstein was able to remain. So in agnostic may have been the fact that he threatened journalists who wrote about him that is at least the allegation made in Vicki wards Vanity Fair article, she notes that a reporter. She talked to told her that they were threatened three times during the preparation of a piece the threats quote were delivered in jocular tone. But the message was clear there will be trouble for your family. If I don't like the article, I'm not really sure how you deliver that in a jocular tone. Slap on the back of your wife. Your daughter's name, Susan, right? We know that. These pictures of her school. People who've you Epstein is a financial genius tend to say that he was made by Wexler. Epstein for his part is too prideful to give anyone person credit for his rise. He claims he had other rich accounts that he managed before being put in charge of Wexler fortune but Vanity Fair found. Another Epstein connection that suggests a somewhat less. Savory jump start to his fortune. Stephen Jude Hoffenberg met Jeffrey Epstein in London at some point in the nineteen eighties. Hoffenberg was the head of the towers financial corporation, which was on paper at collection agency that bought debts people owed to hospitals, banks and other institutions in reality. The company was a gigantic Ponzi scheme Hoffenberg used the company funds to pay off early investors in by himself mansions and homes as well as a small fleet of jet planes..
"hoffenberg" Discussed on AM 1300 Business Radio KKOL
"The money is gone and the my did not go to the investors right the money ends up in the in in the hands most of the time of the folks who of a form the investment because they forget the fact that it's not their money and then had a couple of other folks into that this happens will happen with a back in the nine is the the steven hoffenberg towers financial debacle though these were these were a promissory notes throw a uh sold through small brokerdealers and those folks they went bankrupt lost money and steven hoffenberg went to jail for twenty years and he just showed up again two thousand sixteen as a as a pact sponsor for uh then donald trump running for president uh the he was not allowed to raise money though because of his conviction and then more recently in the seattle area darren berg the real estate securities guy he uh he generated men me hundreds of millions of dollars and and most of that went to him and and his the the stuff that he wanted to uh to spend money on and ultimately he ended up in jail but his has recently escaped so anyway if you think that you have a portfolio that may be losing money or may be you have a claim you should contact john bender ran swanson what's your phone number jyle my direct line is 206 6'5 4220 nine and you have the ah an answer it if i'm there enough not leave a message will be able to take it or you can reach might by by email at bender at ryan law r y a in law dot com so see the phone number and contact together uh 206 6'5 4220 nine and bender at ryan law dot com so.
"hoffenberg" Discussed on WNYC 93.9 FM
"That is a big big talon though fgm is often associated with islam on hammer says it actually predates the religion and is common in certain christian communities panella says sometimes mothers can't be the ones to protect their daughters because they're afraid to go against their culture and their families in those cases pinellas ready to be the bad cop if she can use us as the excuse then we we still see it as a win she can put it on us it can be our fault we're okay with that ice plans to be back at jfk before winter break talking to girls and their families by next year operation limelight could expand two airports nationwide for npr news matt cats here's an idea for a musical the end is near a just today for the inhabitants of bikini bottom to figure out how to save themselves from powerful volcano that's about to explode who can we count on to come through bell who lives in a pineapple under the sea absorbent yellow poors is he not the new in the global did not dump with that is more than meeting just nine give me a chance i could seize the day and maybe one day mr kraft's diplomacy grab soares each day that gm's later as the sea sponge that not only has personality but has become a multimillion dollar enterprise and is now on stage spongebob square past the broadway musical based on characters created by steven hoffenberg with both by cow geraud and music five i have to take a breath here stiller group that includes cindy lauper flaming lips david bowie brian ninos stephen tyler joe perry john legend jonathan colton they might be giants and many more.
"hoffenberg" Discussed on WPRO 630AM
"Ability to flip that around i'm completely whether you so if this thing gets blown up and if for so let's say dan gilbert gri he's like hoffenberg lou in the he's huffman green win the now in the fat had factory okay fair enough tribes trying to remember fat ahead gotcha and he says no no we're canceling this deal do you look at the celtics and say oh wall all is lost hell no there's still a 50win team based on the way these conferences now you're not a championship team and you're missing out on adding a third grade player there's no question but also not lost travel bukhari in lebrun on the court at the same time next year and see what happens you gotta go blow up you abhran isn't going to be miserable ended god bless tyrone lue in trying to coach that situation there's no way he'd be able to do it roots are completely with you and look if there really was something the dini aimed didn't report to the celtics to the cavs in the deal if there was something in there they were trying to hide we would we really talking about here they're not giving up the ever lottery pick there's no way in hell we're talking about like a first round pick of theirs in two thousand nineteen that they alone that's fine none of us are sitting here thinking about that pick at all it's about those highend picks to or they can get big impact players it maybe did he ages looking at it in two thousand nineteen and saying well you know what i'm going to take three first round picks and package them up and go get myself a player eight ten and set myself up to bring in yet another piece of young talent is going to be here for the long run cleveland can't get anything that is going to make them say oh this is worth also suv in the risk of isaiah thomas any more than they already made that valuation that they're assuming you're risk on isaiah thomas yeah i sit here with zero fear this deal's getting blown up by anybody yeah you just get the impression.