Towers Financial Corporation

Towers Financial Corporation
Company typeDebt collection agency
FoundedEarly 1970s in Delaware
FounderSteven Hoffenberg
FateFiled for bankruptcy protection (March 1993)
Headquarters
New York City
,
United States
Key people
Steven Hoffenberg, Jeffrey Epstein, Mitchell Brater, and Michael Rosoff

Towers Financial Corporation was a debt collection agency based in Manhattan in New York City. Between 1988 and 1993, Towers Financial ran a Ponzi scheme that was the largest financial fraud in American history prior to Bernie Madoff's being uncovered.

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