Ponzi schemer Steven Hoffenberg pledges $50 million to help Trump

Published June 15, 2016 4:15am ET



Convicted Ponzi schemer Steven Hoffenberg filed a Federal Election Commission report Tuesday stating his super PAC intends to coordinate a $50 million marketing campaign in support of Donald Trump.

It’s the first time the chairman of TowerInvestors.com and former New York Post owner has explained why he founded the Get Our Jobs Back Inc. PAC in April.

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