I am wondering id this is going to turn into a Madoff situation. Did Epstein shake down the rich to “invest” in his businesses?
Some are alleging that Epstein ran a sex club with a billion dollar enrollment fee. That doesn’t particularly add up but now if the price of admission just happened to include some “embarrassing home movies” of people who were causing you problems a billion bucks might be cheap. So was it an exclusive sex club or an exclusive video club?
“I am wondering id this is going to turn into a Madoff situation. Did Epstein shake down the rich to “invest” in his businesses?”
The FR article that I can’t seem to locate indicated that the wealthy men may have “utilized” Epstein’s young women and he actually blackmailed them into giving him their “investment business.”
He probably didn’t need to shake them down.
Madoff’s victims admit they didn’t do the research on Madoff’s methods that they would do any other time they invested money. And even Madoff says people just threw money at him once it was known he had a ‘system’ that worked.
Madoff victimized everyone from Bank of Scotland to Sandy Koufax.
Once one of these guys gets a reputation, a certain kind of person wants to get in quick before the market adjusts to a new kind of analysis. That kind of thing happens even without any shady representations. Scam artists take advantage of such stampeding.