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Jeffrey Epstein’s Fortune May Be More Illusion Than Fact
NY Times ^

Posted on 07/11/2019 1:55:13 PM PDT by TigerClaws

When federal prosecutors announced sex-trafficking charges against Jeffrey Epstein this week, they described him as “a man of nearly infinite means.” They argued that his vast wealth — and his two private jets — made him a flight risk. Mr. Epstein is routinely described as a billionaire and brilliant financier, and he rubbed elbows with the powerful, including former and future presidents. Even after his 2008 guilty plea in a prostitution case in Florida, he promoted himself as a financial wizard who used arcane mathematical models, and he often dropped the names of Nobel Prize-winning friends. He told potential clients that they had to invest a minimum of $1 billion. At his peak in the early 2000s, a magazine profile said he employed 150 people, some working out of the historic Villard Houses on Madison Avenue. Much of that appears to be an illusion, and there is little evidence that Mr. Epstein is a billionaire.

quote: Mr. Epstein’s wealth may have depended less on his math acumen than his connections to two men — Steven J. Hoffenberg, a onetime owner of The New York Post and a notorious fraudster later convicted of running a $460 million Ponzi scheme, and Leslie H. Wexner, the billionaire founder of retail chains including The Limited and the chief executive of the company that owns Victoria’s Secret.

quote: Mr. Epstein’s firm, Financial Trust Company, has released no audited financial statements or performance reports to back up his claims of investment prowess. In a 2002 court filing, Mr. Epstein said he had 20 employees, far fewer than reported figures around that time

(Excerpt) Read more at nytimes.com ...


TOPICS: Crime/Corruption; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: 2percentclub
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I’m hearing a search of his properties shows them to be owned by a Chinese publicly traded company.

Anyone checked out his addresses?

1 posted on 07/11/2019 1:55:13 PM PDT by TigerClaws
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To: TigerClaws

My debt is more fact than illusion :)


2 posted on 07/11/2019 1:55:47 PM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: TigerClaws
Jeffrey Epstein’s Fortune May Be More Illusion Than Fact

The only reason anyone thought he was a billionaire was because of you in the MSM, NYT.

The only ones who fell for the illusion were reporters.

3 posted on 07/11/2019 1:56:45 PM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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To: TigerClaws

If it was an illusion, then he won’t need to explain how he made that much money.

On the other hand, if the money came from an orchestrated blackmail scheme, then just about now he would want it to be considered “an illusion”. So, perhaps the assertion of “illusion” is a way to cover his tracks.


4 posted on 07/11/2019 2:00:29 PM PDT by the_Watchman
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To: TigerClaws

He has gone from math teacher to blackmailer to disgraced pedo creep.


5 posted on 07/11/2019 2:00:32 PM PDT by Bobalu (The Nobel Peace Prize doesn't deserve Trump.)
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To: TigerClaws

If he really has the Pics and Videos they think he has, by all means hi is a Billionaire many times over. Most would easily surrender half their fortune today to get them from Epstein.


6 posted on 07/11/2019 2:00:59 PM PDT by eyeamok
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To: TigerClaws

His fortune may consist of the balance due on the bribe payments the subjects of his island photography owe him.


7 posted on 07/11/2019 2:04:14 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: eyeamok
“Most would easily surrender half their fortune today to get them from Epstein.”

or...just have him whacked by whomever the Clinton folks whacked Seth.

8 posted on 07/11/2019 2:05:05 PM PDT by Sirius Lee (“They are openly planning to murder you. Have a plan to prevent that.”)
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To: TigerClaws

Ah yes, he really didn’t exist, and there really wasn’t an airplane or a temple or an island, either.


9 posted on 07/11/2019 2:08:46 PM PDT by CincyRichieRich (Vote for President Trump in 2020 or end up equally miserable, no rights, and eating zoo animals)
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To: TigerClaws; dp0622; Steely Tom; the_Watchman; Bobalu; eyeamok; Mr. Jeeves; Sirius Lee; ...

Okay, we ALL know it’s coming.

There is no question about it.

It’s only a matter of time.

It’s practically guaranteed.

The ONLY QUESTION IS THIS:

WHO WILL PLAY JEFFERY EPSTEIN IN THE LIFETIME MOVIE?

Got any suggestions?...................


10 posted on 07/11/2019 2:13:31 PM PDT by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: TigerClaws

He probably has dozens of businesses and properties owned by shell companies.


11 posted on 07/11/2019 2:14:06 PM PDT by Blood of Tyrants (Where does it say in the Constitution anyone is entitled to the property another has labored for?)
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To: TigerClaws

Bernie Madoff redux.


12 posted on 07/11/2019 2:14:23 PM PDT by ptsal
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To: Red Badger
WHO WILL PLAY JEFFERY EPSTEIN IN THE LIFETIME MOVIE?

Someone who bears more than a passing resemblance to Donald J. Trump.

13 posted on 07/11/2019 2:15:44 PM PDT by Steely Tom ([Seth Rich] == [the Democrat's John Dean])
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To: Red Badger

Either the guy with the really sick tan that was the lawyer in The Godfather III or John Travolta :)


14 posted on 07/11/2019 2:15:46 PM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: ptsal

Nobody in the business world knows anything?


15 posted on 07/11/2019 2:16:20 PM PDT by Oldexpat (Jobs Not Mobs)
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To: the_Watchman

BTTT


16 posted on 07/11/2019 2:17:49 PM PDT by Track9
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To: Red Badger
WHO WILL PLAY JEFFERY EPSTEIN IN THE LIFETIME MOVIE?

Richard Gere.

17 posted on 07/11/2019 2:18:26 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: dp0622

That was Robert Duvall, waaaay too old now, and so is Travolta probably............


18 posted on 07/11/2019 2:18:51 PM PDT by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Mr. Jeeves

Possibly, but he’s long in the tooth now............


19 posted on 07/11/2019 2:19:32 PM PDT by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: TigerClaws

Kind of like ...so?

He had enough to do what he did. Fly Clinton and a Kevin Spacey around, fund Clinton Foundation, buy an island and build all that weird stuff etc...

Who cares if he wasn’t a billionaire.


20 posted on 07/11/2019 2:20:17 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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