disinfozone/The_Info_Web
1
0
Fork 0
Code Issues Pull requests Projects Releases Packages Wiki Activity Actions

vault backup: 2026-09-25 22:09:08

Browse source
This commit is contained in:
disinfo.zone 2026-09-25 22:09:08 -04:00
parent b208eb6051
commit f3aadfd333
No known key found for this signature in database
104 changed files with 3959 additions and 180 deletions
Download patch file Download diff file Expand all files Collapse all files

2
20 - ORGANIZATIONS/PRIVATE/International Assets Group.md
View file

@ -43,7 +43,7 @@ Epstein met Steven Hoffenberg in London in the 1980s. Hoffenberg said the two we
A Towers press release on the proposed 1987 Pan Am acquisition stated: "Jeffrey Epstein, chairman of the board of directors of Intercontinental Asset Group, is a financial advisor who has been familiar with Pan Am for approximately six years. Epstein serves as an advisor to Towers/United's management with respect to the proposed transaction." Towers attempted to use 3 million dollars from its insurance holding company, [[United Diversified Corporation]], to finance the bid. A 1991 suit by the [[Illinois Department of Insurance]] listed "a series of checks payable to Jeff Epstein or Jeff Epstein & Co. totaling $215,000" among improper disbursements from the United Fire and United Diversified accounts; Epstein was not a defendant.[^3]
Hoffenberg later swore that Epstein used money taken in the Towers scheme "as start-up capital for his corporations, including [[Financial Trust Company|The Financial Trust Company]]," the St. Thomas company Epstein incorporated in 1998. Epstein denied any dealings with the Towers insurers and was never charged; Vanity Fair noted that much of Hoffenberg's testimony in his criminal case "has proven to be false."[^1][^2]
Hoffenberg later swore that Epstein used money taken in the Towers scheme "as start-up capital for his corporations, including [[Financial Trust Company|The Financial Trust Company]]," the [[St. Thomas]] company Epstein incorporated in 1998. Epstein denied any dealings with the Towers insurers and was never charged; Vanity Fair noted that much of Hoffenberg's testimony in his criminal case "has proven to be false."[^1][^2]
### Footnotes