File 021758
Email Chain: Epstein Early Release and Federal Cooperation on Ponzi Scheme Investigation (File 021758)
Email correspondence between Jeffrey Epstein and Peggy Siegal regarding news of Epstein's potential early prison release in exchange for cooperating with federal authorities on a Bear Stearns Ponzi scheme investigation.
Summary
Jeffrey Epstein forwards a RadarOnline article to Peggy Siegal reporting that Epstein may be released early from his 18-month sentence for procuring teenage girls for prostitution. The article reveals that Epstein has been secretly cooperating with federal investigators on a suspected Ponzi scheme involving Bear Stearns Mortgage Investment Fund, in which Epstein lost $67 million as identified as "Victim #1." The email notes that Epstein has been allowed to work from his attorney's office during incarceration and references his ownership of Little St. James Island. A follow-up message includes commentary from financial experts questioning the intelligence implications of such cooperation.
Date: Friday, June 19 2009 11:01 PMSubject: Re:From: Jeffrey Epstein <jeevacation@gmail.com>To: Peggy SiegalJeffrey Epstein, the Florida money manager who once roamed in the same social circle as Bill Clinton, PrinceAndrew and other high profile figures, is going to be released from prison early, a source tellsRadarOnline.com.Epstein pleaded guilty last year to procuring teen girls for prostitution, ending his lifestyle with the rich andfamous in a Palm Beach, Florida scandal that reverberated through high-profile society. He received an 18-month sentence and was slated to be incarcerated until the end of this year.But now, says the source, the jail door is about to swing open because Epstein has been secretly helping the fedsunravel a suspected Ponzi scheme. He had inside knowledge of the scheme because he was one of its victims,losing $67 million.The source says it's all tied to the indictment of former managers of Bear Stearns Mortgage Investment Fund, andin that case Epstein is the person who is identified only as Victim # 1.Meanwhile, Epstein's life behind bars hasn't been too rough — in fact he's allowed to spend most days at hisattorney's office. He was supposedly working on a charity venture but the source says he was actually busyhelping the feds with the Ponzi scheme. One source says that he's been guarded by men in suits withearphones.Well if those suits are going to follow him when he's freed they better pack bathing suits. Epstein owns Little St.James Island in the Virgin Islands.On Fri, Jun 19, 2009 at 4:51 PM, Peggy Siegal_______________________________ wrote:Can you cut and paste and email to my blackberry...I can't open this up. Peg--- Original Message From: Jeffrey Epstein <jeevacationAgmail.com>To: Peggy SiegalSent: Fri Jun 19 16:17:18 2009Subject:http://wvvw.radaronline.comicategory/tags/jeffrey- epstein <http://vvvvw.radaronline.comicategory/tags/jeffrey- epstein>HELP ; a reporter for the ny times wants to write the following; Epsteins lawyers were contacted and they said they had no comment.. Wehave checked with some of the worlds financial experts ,both in and out of govt , the consensus is that if Epstein is cooperating with thefeds the average intelligence of the u.s. government , just went up dramatically.HOUSE OVERSIGHT 021758