Epstein Secrets

ion. Most of the proceeds from the sale of the Bonds, like the Promissory Notes, were used to pay TFC's operating expenses. 32. In or around 1989, the Securities and Exchange Commission ("SEC") commenced an investigation of the TFC Ponzi Fraud, which involved the fraudulent sales of TFC securities, i.e. the Promissory Notes and Bon

Ponzi scheme (the "Insurance Ponzi Fraud") to finance bids to take over Pan American Airways, Inc. ("Pan Am") in 1987 and Emery Air Freight Corp. ("Emery") in 1988 through TFC's acquisition of a controlling interest in United Diversified Corporation ("UDC") and, as a result, UDC's two ailing subsidia

y. Epstein improperly and knowingly removed the 7 EFTA00804512 Subsidiaries' bonds from TFC and UDC to use as collateral in order to purchase the Emery shares. 25. Epstein manipulated the price of Emery stock to minimize the losses which occurred when Hoffenberg's and Epstein's bids failed and the

your compensation for this past year or any future monies coming to you from Bear Stearns will be contingent upon your not divulging information to the Securities and Exchange Commission? A: No. Despite the circumstances of Epstein's leaving, Bear Stearns agreed to pay him his annual bonus-which he anticipated as being approximatel

chief operating officer, Mitchell Brater, and Epstein came up with a scheme to steal $3 million of the insurance companies' bonds to buy Pan Am and Emery stock. "Jeffrey Epstein and Mitch Brater arranged the various brokerage accounts for the bonds to be placed with in New York, and I think one in Ch

Q: Mr. Epstein, did anyone at Bear Stearns tell you in words or substance that you should not divulge anything about St. Joe Minerals to the staff of the Securities and Exchange Commission? Q: Has anyone indicated to you in any way, either directly or indirectly, in words or substance, that your compensation for this past year or any f

s chief operating officer, Mitchell Brater, and Epstein came up with a scheme to steal $3 million of the insurance companies’ bonds to buy Pan Am and Emery stock. “Jeffrey Epstein and Mitch Brater arranged the various brokerage accounts for the bonds to be placed with in New York, and I think one in Chic

ated rn the SK ['hog as a 'beneficial roomer of the Bear Stearns High-Grads Structured Credit Strategies Enhanced Leverage fund A January Deng with the Securities and Exchange Commission describes Epstein 's firm as having "the power 10 vote or dispose of 10% or more of the &wit" of the hedge fund, which raised SE42 (ninon from inves

ist.' But we found out later that he had sold those assets ... leveraged them .. . [and) used some mar- gin account to take some positions in .. . Emery and Pan Am." says Payton. Epstein's extraordinary creativity was. ac- cording to HotTenberg. responsible for the purchase by the insurance companie

our compensation for this past year or any future mon- ies coming to you from Bear Stearns will be contingent upon your not divulging information to the Securities and Exchange Commission? A: No. Despite the circumstances of Epstein's leaving, Bear Stearns agreed to pay him his annual bonus-which he anticipated as being approximatel

chief operating officer, Mitchell Brater, and Epstein came up with a scheme to steal $3 million of the insurance companies' bonds to buy Pan Am and Emery stock. "Jeffrey Epstein and Mitch Brater arranged the various brokerage accounts for the bonds to be placed with in New York, and I think one in Ch

Q: Mr. Epstein, did anyone at Bear Stearns tell you in words or substance that you should not divulge anything about St. Joe Minerals to the staff of the Securities and Exchange Commission? Q: Has anyone indicated to you in any way, either directly or indirectly, in words or substance, that your compensation for this past year or any f

s chief operating officer, Mitchell Brater, and Epstein came up with a scheme to steal $3 million of the insurance companies’ bonds to buy Pan Am and Emery stock. “Jeffrey Epstein and Mitch Brater arranged the various brokerage accounts for the bonds to be placed with in New York, and I think one in Chic