Steven Hoffenberg, one of Jeffrey Epstein’s associates and the one-time owner of The New York Post, is found dead at the age of 77.
Police were called to Hoffenberg’s home in Derby, Connecticut, yesterday by a concerned friend.
They found him lying on the floor of his bedroom.
The cause of his death remains unconfirmed.
His body was so decomposed that police believe he had been there for at least a week. A medical examiner is now using his dental records to make an identification.
As reported by Daily Mail:
A police source however told DailyMail.com they are ‘extremely confident’ it is Hoffenberg. Formal identification is expected in the next few days and will be announced via the Derby Police Facebook page.
Hoffenberg is a colorful New York character who is best known for trying to ‘save’ The New York Post from bankruptcy in the early 1990s, and for his ill-fated partnership with Epstein.
He invested millions in the flailing Post to stop it from shuttering and ran it for a period of a few months in 1993.
The newspaper was sold to him in desperation by Peter Kalikow, another millionaire and fixture on the New York social scene who ran it into disrepair and financial ruin.
Hoffenberg wasn’t a popular choice as a boss.
In March 1993, after just three months in charge, he was pushed out by Abraham Hirschfeld, who he’d brought in with his deep pockets when the SEC froze his own assets amid an investigation into fraud.
Epstein was never charged, but he is understood to have made millions from it.
Speaking in 2019, he told The Washington Post that it was Epstein who masterminded the scheme that he spent years in prison for.
‘I thought Jeffrey was the best hustler on two feet. Talent, charisma, genius, criminal mastermind. We had a thing that could make a lot of money. We called it Ponzi,’ he said, calling Epstein the ‘architect’ of the scam.
In 1995, he pleaded guilty to defrauding investors out of $420million.
They had bought bonds from his company, Hoffenberg’s Towers Financial Corp, which Epstein worked for.