The Info Web

#PonziScheme

3 entries

People (2)

  • Scott Rothstein Disbarred Fort Lauderdale lawyer who ran a 1.2 billion dollar Ponzi scheme through his firm, including sham investments in legal settlements, and whom Jeffrey Epstein sued in 2009 alongside Bradley Edwards.
  • Steven Hoffenberg Founder of Towers Financial Corporation who pleaded guilty in 1995 to a roughly 475 million dollar Ponzi scheme and later claimed Jeffrey Epstein helped architect the fraud, a claim for which Epstein was never charged.

Organizations (1)

  • Towers Financial Corporation Manhattan debt-collection firm run by Steven Hoffenberg that collapsed in 1993 as a Ponzi scheme with 475 million dollars in investor losses, and that employed Jeffrey Epstein as a consultant.