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Steven Jude Hoffenberg is the former founder, Chief Executive Officer, President, and Chairman of Towers Financial Corporation, a debt collection agency, which was later discovered to be a Ponzi scheme. In 1993 he rescued the New York Post from bankruptcy, and briefly owned the paper. from Wikipedia

American fraudster

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Steven Jude Hoffenberg is the former founder, Chief Executive Officer, President, and Chairman of Towers Financial Corporation, a debt collection agency, which was later discovered to be a Ponzi scheme. In 1993 he rescued the New York Post from bankruptcy, and briefly owned the paper.<small> from [https://en.wikipedia.org/wiki/Steven_Hoffenberg Wikipedia]</small>
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