EFTA00809690Set 9
2018-08-2251p13,224w
entities
and perpetrated by him and his, until now, unnamed co-conspirators (the "TFC Ponzi Scheme").
See United States ofAmerica v. Steven Hoffenberg ... U.S.C.
§ 371, and tax evasion in violation of 26 U.S.C. § 7201.4
17. The TFC Ponzi Scheme was implemented through a host of illegal and fraudulent
conduct which resulted in hundreds ... dollars ($500,000,000) from investors in the course of carrying out
the TFC Ponzi Scheme.
24. The Ponzi scheme perpetrated by Hoffenberg and Epstein through Tit was an
intricate
https://www.justice.gov/epstein/files/DataSet%209/EFTA00809690.pdf
EFTA00796015Set 9
2018-08-2126p7,735w
entities
and perpetrated by him and his, until now, unnamed co-conspirators (the "TFC Ponzi Scheme").
See United States of America v. Steven Hoffenberg ... U.S.C.
§ 371, and tax evasion in violation of 26 U.S.C. § 7201.4
17. The TFC Ponzi Scheme was implemented through a host of illegal and fraudulent
conduct which resulted in hundreds ... dollars ($500,000,000) from investors in the course of carrying out
the TFC Ponzi Scheme.
24. The Ponzi scheme perpetrated by Hoffenberg and Epstein through TFC was an
intricate
https://www.justice.gov/epstein/files/DataSet%209/EFTA00796015.pdf
EFTA00811809Set 9
2018-08-2251p13,267w
entities
and perpetrated by him and his, until now, unnamed co-conspirators (the "TFC
Ponzi Scheme").
See United States of America v. Steven Hoffenberg ... U.S.C.
§ 371, and tax evasion in violation of 26 U.S.C. § 7201.°
17. The TFC Ponzi Scheme was implemented through a host of illegal and fraudulent
conduct which resulted in hundreds ... dollars ($500,000,000) from investors in the course of carrying out
the TFC Ponzi Scheme.
24. The Ponzi scheme perpetrated by Hoffenberg and Epstein through TFC was an
intricate
https://www.justice.gov/epstein/files/DataSet%209/EFTA00811809.pdf
EFTA01433867Set 10
2018-08-2029p7,744w
entities
and perpetrated by him and his, until now, unnamed co-conspirators (the "TFC
Ponzi Scheme").
See United States of America v. Steven Hoffenberg ... U.S.C.
§ 371, and tax evasion in violation of 26 U.S.C. § 7201.4
17.
The TFC Ponzi Scheme was implemented through a host of illegal and fraudulent
conduct which resulted in hundreds ... dollars ($500,000,000) from investors in
the course of carrying out
the TFC Ponzi Scheme.
24.
The Ponzi scheme perpetrated by Hoffenberg and Epstein through TFC was an
intricate
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01433867.pdf
EFTA01386758Set 10
2018-08-201p355w
reduced
sentence in exchange for information about his co-conspirators in the TFC Ponzi Scheme — namely
Defendant Epstein's role. However, Hoffenberg did not disclose any details about Defendant
Epstein ... implicate Defendant Epstein, Epstein was
never indicted for his role in the TFC Ponzi Scheme. Epstein was never charged with any crime in
connection with the TFC Ponzi Scheme. Rather ... gotten
gains and misappropriated investor funds from his role in the TFC Ponzi Scheme to start and grow
Defendant TFTC.
55. On April 20, 1995, Hoffenberg pled guilty to conspiracy
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01386758.pdf
EFTA01386760Set 10
2018-08-201p566w
Southern District of
New York against Hoffenberg and TFC in connection with the TFC Ponzi Scheme:
1:89-ev-0 1689-12O Foti v. Towers Financial Corp. filed 03/13/89 ... 02/21/97
61. Pursuant to Hoffenberg and the Sentencing Opinion, the victims of the TFC Ponzi
Scheme include over 200,000 individuals, who are directly or indirectly the Noteholders and
Bondholders
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01386760.pdf
EFTA01386759Set 10
2018-08-201p317w
valid and actionable.
57. On March 7, 1997, for his role in the TFC Ponzi Scheme, Hoffenberg was sentenced
to twenty years' in prison, a term of supervised release ... induced the purchase of
such Bonds and Promissory Notes in connection with the TFC Ponzi Scheme; (iv) in addition to
creating fraudulent financial statements, arranged to have a certified public
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01386759.pdf