Daniel Zwirn

Key Findings

• EFTA00586232: FTC/Jeepers Statement of Claim, 'Starting in 2002, Jeffrey Epstein (through FTC) began investing in D.B. Zwirn Special Opportunities Fund. Jeffrey Epstein began making these investments based on the advice of Glenn Dubin, who helped start the Fund and owned a minority interest in the Fund's general partner.'
• EFTA00586232: 'Between 2002 and 2005, FTC invested a total of $80 million in various tranches in the Fund. By 2006, FTC's investment was worth almost $140 million.'
• EFTA00586232: Oct 2006, 'Zwirn contacted Jeffrey Epstein to report that Zwirn had fired the Fund's Chief Financial Officer due to an accounting irregularity.' Jeffrey Epstein demanded complete withdrawal; Zwirn 'begged Jeffrey Epstein to refrain because such a redemption could cause a run on the bank.'
• EFTA00586232: Nov 13, 2006, Three-way call: 'Zwirn agreed that if Jeffrey Epstein would request a withdrawal of only $80 million, the Fund would honor the request. Dubin will corroborate Jeffrey Epstein's version of events.'
• EFTA00587012: FTC/Jeepers vs. Zwirn arbitration opening statement (July 20, 2011), Jeffrey Epstein/FTC was FIRST investor ($133M total including gains, 10% of fund). 'Mr Dubin and Mr Jeffrey Epstein are in lock step with regard the details.'
• EFTA00600099: Aug 2012 portfolio ledger, Zwirn settlement valued at $78M