boroff and Ne- derlander told Epstein (hat Snyder was too late. but. without their realizing it. Hoffen- !.eig has claimed. Snyder wrote a check to Hotrenberg and bought out some of his in- vestment. But then Snyder wanted out. "Nederlander started to get these irate calls from (Snyder.] who wasn't pan of

. This was alleged to have involved multiple clients' accounts con- trolled by Epstein. Eventually. in 1991. insurance regulators in Illinois sued Hotrenberg. He settled the case. and Epstein, who was only a paid consul- tant. was never deposed or accused of any wrongdoing. Barry Gross. the attorney who

million was reported as being safely invested in a money-market account. United Finis eater chief financial officer Daniel Payton confirms pan of Hotrenberg's account. He says he recalls making one or two telephone calls to Epstein (at Moffat- bag's direction) about the missing bonds. "He said, 'Oh. ye