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xist.' 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. responsibk for the purchase by the insurance companies
erage accounts for the bonds to be placed with in New York. and I think one in Chicago. Rodman & Ren- shaw." Ho0enberg reportedly said. Then. said Reifenberg. while making it appear as though they were investing the bonds in much safer financial instruments. they used them as collateral to buy the stock
llion was rerorted as being safely invested in a money-market account. United Fire's former chief financial officer Daniel Payton confirms part of Reifenberg.; account. He says he recalls making one or two telephone calls to Epstein (at Holten- berg's direction) about the missing bonds. "He said, 'Oh. y
exist.' BUT we found out bier that he had sold those assets ... leveraged them ... (and) used seine mar- gin account to take some positions in ... Emery and Pan Am: says Payton. Epstein's caraordinary creativity was, ac- cording to Hoffenberg, responsible for the purchase by the insurance companies
vice a lavish hfesryle that included a mansion on Long Island. homes on Man- hattan's Sutton Place and in Florida. and a fleet of cars and planes. Reifenberg and Epstein had much in common. Both were sntan and obsessed with making money. Both were front Brook- lyn. According to Hoffer.bent the Two men w
exist.' But we found out later that he had sold those assets ... leveraged them ... land] used some mar- gin account to take some positions in ... Emery and Pan Am.- says Payton. Epstein's extraordinary creativity was. ac- cording to Hoffenberg. responsible for the purchase by the insurance companie
g a 20-year sentence for bilking investors out of more than 5450 million in one of the largest Paul schemes in American history, When Epstein met Reifenberg in Lon- don in the 1980s. the latter was the char- ismatic. audacious head of the Towers Financial Corporation. a collection agency that was suppos
Entities connected to both Emery and Reifenberg

Jeffrey Epstein
PERSON
Ghislaine Maxwell
PERSON
Vicky Ward
PERSON
George Mitchell
PERSON
Prince Andrew
PERSON
Steven Hoffenberg
PERSON
Donald Trump
PERSON
Bill Clinton
PERSON
Pan Am
ORGANIZATION
Ralph Lauren
PERSON
Alan Dershowitz
PERSON
Barry Diller
PERSON
Philadelphia
LOCATION
New York
LOCATION
Marc Rich
PERSON
Michael Douglas
PERSONLeon Black
PERSONTowers Financial
ORGANIZATIONSnyder
PERSON
Joe Biden
PERSON