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But he never made a dollar illegally. At this point it's pretty clear that he made most of his money through blackmail of underage sex acts arranged by him. He

But he never made a dollar illegally. At this point it's pretty clear that he made most of his money through blackmail of underage sex acts arranged by him. He pretended to be some kind of hedge fund genius, but really most of the money that his targets gave him to keep the pictures out of the press just went into index funds etc. IANAL, but that doesn't seem legal to me...

x3sphere 7y ago
Also in the 90s he almost got convicted for being part of a massive ponzi scheme. His partner ended up taking the fall though, and Epstein remained unscathed. https://www.cbsnews.com/news/jeffrey-epstein-worked-at-towers-financial-with-stephen-hoffenberg-who-committed-ponzi-scheme-crimes/ https://www.cbsnews.com/news/jeffrey-epstein-worked-at-tower... His entire past is super shady.
joering2 7y ago
So he nade billions of off blackmail? Never knew that - any proof?
- jessaustin 7y ago
  A) There's never been any indication he ever made "billions". He never actually said that, although he let others assume it. B) You can't declare "blackmail payments" on tax forms. Any ongoing blackmail arrangement between wealthy people has to plausibly appear to be something else. Money management is something else. Blackmail targets gave him money to manage. His fee was probably higher than e.g. Vanguard's, and it probably changed whenever the Lolita Express needed some maintenance, but he didn't take all their money. C) This "proof" idiom is ridiculous in this context. We'll never have any "proof" that he was murdered, but neither do we need that. [0] The fact that a medical examiner didn't have to call it "murder" just shows that he was murdered by a competent hitter. [0] http://www.rasmussenreports.com/public_content/politics/general_politics/august_2019/americans_say_murder_more_likely_than_suicide_in_epstein_case http://www.rasmussenreports.com/public_content/politics/gene...

x3sphere 7y ago

Also in the 90s he almost got convicted for being part of a massive ponzi scheme. His partner ended up taking the fall though, and Epstein remained unscathed. https://www.cbsnews.com/news/jeffrey-epstein-worked-at-towers-financial-with-stephen-hoffenberg-who-committed-ponzi-scheme-crimes/ https://www.cbsnews.com/news/jeffrey-epstein-worked-at-tower... His entire past is super shady.

joering2 7y ago

So he nade billions of off blackmail? Never knew that - any proof?

jessaustin 7y ago
A) There's never been any indication he ever made "billions". He never actually said that, although he let others assume it. B) You can't declare "blackmail payments" on tax forms. Any ongoing blackmail arrangement between wealthy people has to plausibly appear to be something else. Money management is something else. Blackmail targets gave him money to manage. His fee was probably higher than e.g. Vanguard's, and it probably changed whenever the Lolita Express needed some maintenance, but he didn't take all their money. C) This "proof" idiom is ridiculous in this context. We'll never have any "proof" that he was murdered, but neither do we need that. [0] The fact that a medical examiner didn't have to call it "murder" just shows that he was murdered by a competent hitter. [0] http://www.rasmussenreports.com/public_content/politics/general_politics/august_2019/americans_say_murder_more_likely_than_suicide_in_epstein_case http://www.rasmussenreports.com/public_content/politics/gene...