Reply to Bill and Melinda Gates Announce Divorce After 27 Years

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I just don’t see him sleeping with teenage sex trafficked girls. Didn’t he have some long standing policy that he could spend a weekend with his 70 year old ex every year? I don’t think many pedophiles are attracted to women that old. I also think that if it were that black and white Melinda would have divorced him immediately.

What I could believe though is that he was paying Epstein for blackmail material on business rivals. Which is still exploitive, though more indirectly, of Epstein’s victims. [/quote]

The vast majority of Epstein’s business and personal dealings were shady. Gates may not have taken advantage of trafficked girls, but it’s difficult to imagine many legitimate reasons for Gates to associate with Epstein. [/quote]

My theory on this is Epstein was a charmer and ran in a lot of the social circles that the ultra-rich run in. That's how Epstein became the money manager for so many rich people. Bill was probably fascinated by the guy, and genuinely curious about this playboy lifestyle. I don't think Bill was into it, nor into young girls, but it was probably more his curiosity. It was a stupid move, but also typical of someone with very high intelligence.[/quote]

I see some merits to your theory. But Epstein wasn’t actually a legit money manager for lots of rich people. That’s one of the weird things about the whole Epstein situation. He never registered with the SEC as an investment adviser, for example. With perhaps an exception or two, there’s almost no evidence of him giving legit financial advice to genuine big shots. [/quote]

[b]That lack of prudent caution among the mega rich is mind Blowing[/b] ... Jeffrey Epstein reminds me of Bernie Madoff’s conman charisma that drew in so many despite all the financial and PR land mines ... they both operated massive Ponzi schemes ...

https://www.cbsnews.com/news/jeffrey-epstein-worked-at-towers-financial-with-stephen-hoffenberg-who-committed-ponzi-scheme-crimes/

https://www.inquirer.com/business/jeffrey-epstein-hoffenberg-trump-clinton-20190711.html

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I respectfully disagree with the bolded. I have an old friend who managed a hedge fund back in Bernie’s day. He said it was obvious there was something fishy about it and his fund immediately turned away from it.  All the financially sophisticated people knew it was bogus. The ones that partook despite that were either in on it or were just hoping to get out while the getting was good.

Epstein was never a Ponzi scheme. We have indications of what operated and financed him, but it’s never been clearly established. The money he made wasn’t though conning people or telling them he would turn their money into more money. His money came from doing something else. [/quote]l

Ok point taken about Madoff — although he did suck a lot of investment experts into his biggest criminal Ponzi scheme of all time. The feds took many years to try and sue to get back small fractions of the lost pensions/ life savings of so many.

I have Read three articles that Epstein’s millions came from a Ponzi scheme he was head wingman for in the 80s and 90s. It

From NYT
“Mr. Epstein is routinely described as a billionaire and brilliant financier, and he rubbed elbows with the powerful, including former and future presidents. Even after his 2008 guilty plea in a prostitution case in Florida, he promoted himself as a financial wizard who used arcane mathematical models, and he often dropped the names of Nobel Prize-winning friends. He told potential clients that they had to invest a minimum of $1 billion. At his peak in the early 2000s, a magazine profile said he employed 150 people, some working out of the historic Villard Houses on Madison Avenue.

Much of that appears to be an illusion, and there is little evidence that Mr. Epstein is a billionaire.

Mr. Epstein’s wealth may have depended less on his math acumen than his connections to two men — Steven J. Hoffenberg, a onetime owner of The New York Post and a notorious fraudster later convicted of running a $460 million Ponzi scheme, and Leslie H. Wexner, the billionaire founder of retail chains including The Limited and the chief executive of the company that owns Victoria’s Secret.

Mr. Hoffenberg was Mr. Epstein’s partner in two ill-fated takeover bids in the 1980s, including one of Pan American World Airways, and would later claim that Mr. Epstein had been part of the scheme that landed him in jail — although Mr. Epstein was never charged. With Mr. Wexner, Mr. Epstein formed a financial and personal bond that baffled longtime associates of the wealthy retail magnate, who was his only publicly disclosed investor.

[President Trump was once a friend of Jeffrey Epstein. Now he’s “not a fan.”]

Mr. Epstein’s firm, Financial Trust Company, has released no audited financial statements or performance reports to back up his claims of investment prowess. In a 2002 court filing, Mr. Epstein said he had 20 employees, far fewer than reported figures around that time. Six years later, he lost large sums of money in the financial crisis. And friends and patrons — including Mr. Wexner — deserted him after he pleaded guilty to prostitution charges in 2008.

Mr. Epstein, 66, is doubtless very rich: His real estate alone — one of Manhattan’s largest private mansions, a Palm Beach estate, a Paris apartment, his own Caribbean island and a huge New Mexico ranch — is worth more than $200 million. His investment firm reported having $88 million in capital from its shareholders in 2002.

A registered sex offender known for his lavish lifestyle and high-profile connections, Mr. Epstein faced charges of exploiting dozens of girls for sex acts. PLAY VIDEO 02:29
Who Was Jeffrey Epstein? The Financier Embroiled in a Sex Scandal
A registered sex offender known for his lavish lifestyle and high-profile connections, Mr. Epstein faced charges of exploiting dozens of girls for sex acts.July 9, 2019Image by Uma Sanghvi/Palm Beach Post, via Associated Press
He appears to have been doing business and trading currencies through Deutsche Bank until just a few months ago, according to two people familiar with his business activities. But as the possibility of federal charges loomed, the bank ended its client relationship with Mr. Epstein. It is not clear what the value of those accounts was at the time they were closed.”
[/quote]

Impressed by your post and research. For real. Imo it points to something epically shady. Something almost unbelievably wrong. But whatever it was that Epstein did, it wasn’t a Ponzi scheme. Notice that none of his victims are complaining about having lost their money. That’s wasn’t his MO. [/quote]

You could be right as i have no personal knowledge of him and we are very conservative investors (always look for stuff that does the most good while being not too risky) - but all the articles i have read lead me to believe that he was a charming-obnoxious conman for sure. But that he gained his initial Millions needed to suck in world political and economic leaders (Gates/ Prince Andrew/ Clinton/ Trump etc) with the illusion of great wealth  into his depraved world of young women treated as status symbol-sex slaves for the rich and powerful -/ through the Ponzi scheme in the 80s and 90s. He was a chief wingman and not the ring leader and managed to escape jail.

Also - Deutsche Bank used to be the gold standard for well run and prudent banks until they started doing big business with shady business men .... [/quote]

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