Epstein's 1989 investment deal raises questions about undisclosed $300K and alleged $500K contribution from Simon & Schuster CEO Dick Snyder

Summary

Epstein's 1989 investment deal raises questions about undisclosed $300K and alleged $500K contribution from Simon & Schuster CEO Dick Snyder The passage provides specific names, dates, and financial amounts that could be traced: Jeffrey Epstein’s 1989 deposition claiming only $300,000 of his own money, a purported $500,000 investment from Dick Snyder (then CEO of Simon & Schuster), and involvement of Leslie Wexner and his investment team. These details suggest concrete leads for financial‑flow investigation and potential misconduct involving high‑profile publishing and retail executives, warranting follow‑up with deposition records, bank checks, and corporate archives. Key insights: Epstein testified he contributed only $300,000 of his own funds in 1989, but the source of the remaining capital is unclear.; A source claims Dick Snyder wrote a check for roughly $500,000 to Hoffenberg, later buying out part of Hoffenberg’s stake.; Snyder allegedly demanded repayment after being told he was “too late” to the deal, leading to a dispute with Nederlander and Toboroff.