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till exist: 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 Hoffenberg. responsible for the purchase by the insurance companie
rst assignments for Hof- fenberg was to mastermind doomed bids to take over Pan American Wald Airways in 1987 and Emery Air Freight Corp. in 1988. Hofknberg claimed in a 1993 haring before a grand jury in Illinois that Epstein tame up with the idea of financing these bids through Towers's acquisition o
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
st assignments for Hof- titers was to mastermind doomed bids to take over Pan American World Airways in 1987 and Emery Air Freight Corp. in 1988. Hofknberg claimed in a 1993 hearing before a grand jury m Illinois that Epstein came up with the idea of financing these bids through Tower's acquisition of
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
st assignments for Hof- fenbcrg was to mastermind doomed bids to take over Pan American World Airways in 1987 and Emery Air Freight Corp. in 1988. Hofknberg claimed in a 1993 hearing before a grand jury in Illinois that Epstein came up with the idea of financing these bids through Towers's acquisition
Entities connected to both Emery and Hofknberg

Jeffrey Epstein
PERSON
Ghislaine Maxwell
PERSON
Vicky Ward
PERSON
Prince Andrew
PERSON
George Mitchell
PERSON
Steven Hoffenberg
PERSON
Bill Clinton
PERSON
Pan Am
ORGANIZATION
Donald Trump
PERSON
Ralph Lauren
PERSON
Alan Dershowitz
PERSON
Michael Douglas
PERSON
Barry Diller
PERSON
Philadelphia
LOCATION
Marc Rich
PERSONLeon Black
PERSONTowers Financial
ORGANIZATION
Les Wexner
PERSONSnyder
PERSON
Bloomberg L.P.
ORGANIZATION