Steven Hoffenberg, a longtime Jeffrey Epstein mentor has been found dead in his house on Tuesday. Police stated that there were no outward indications of trauma on his body, but no cause of death has been determined.
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Steven Hoffenberg, the infamous billionaire and longtime mentor of Jeffrey Epstein, was discovered dead Tuesday during a wellness check by Connecticut police, according to The Post.
Around 8 p.m. on Tuesday, authorities found Hoffenberg, who served 18 years in prison for operating a $500 million Ponzi scheme, dead in his house. It is unclear exactly when he passed away.
After receiving a call from a friend, police were dispatched to the 77-year-old’s home in Derby, Conn.
Police stated that there were no outward indications of trauma on his body, but no cause of death has been determined.
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“Every indication is that it is Mr. Hoffenberg,” a Derby Police Department spokesman said. “There’s nothing to suggest that it isn’t. We believe it’s him. We’re just waiting for dental records.”
Police stated the body was discovered “in a state where a visual identification could not be made” in a statement shared on Facebook.
Epstein’s unexplained riches may have been connected to Hoffenberg, who was previously Epstein’s boss.
According to Hoffenberg’s claims, Epstein participated with him in a Ponzi scam that he managed through his Towers Financial Corp.
In 1995, he pled guilty to the scam and was condemned to 20 years in jail. While Hoffenberg was imprisoned, Epstein sexually assaulted teenage girls with the assistance of his now-convicted mistress, Ghislaine Maxwell.
In a lawsuit filed in August 2018, Tower investors alleged that Epstein “knowingly and intentionally utilized funds he fraudulently diverted and obtained from this massive Ponzi scheme for his own personal use to support a lavish lifestyle.”
“He was my colleague daily, seven days a week,” he said of Epstein in a 2019 interview in Quartz.
From January to March 1993, Hoffenberg served as The Post’s court-appointed manager, saving the newspaper from bankruptcy. An famous Post cover announcing the news read, “Last-minute deal saves The Paper…Hoffenberg Saves The Post,” referring to him as the paper’s “white knight.”
However, after a staff uprising against Hoffenberg, the tabloid was temporarily under Abe Hirschfeld’s control until being acquired once more by Rupert Murdoch, the present owner.
Hoffenberg, a previous occupant of Trump Tower, initially backed Donald Trump’s 2016 campaign before withdrawing his backing.