According to the New York Post, Connecticut police discovered the body of Hoffman in his house at around 8 pm. There is presently no cause of death published.
Police had been called to the Derby, CT home of the 77-year-old former Ponzi scheme owner at the request of a friend.
Police announced that there were no immediate signs of trauma on his body.
"Every indication is that it is Mr. Hoffenberg," a Derby Police Department spokesman stated. "There's nothing to suggest that it isn't. We believe it's him. We're just waiting for dental records."
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On Facebook, police stated the body of Hoffenberg was discovered "in a state where a visual identification could not be made."
Hoffenberg had once worked as Epstein's boss, and had previously argued that Epstein had worked as an accomplice in the Ponzi scheme he ran through Towers Financial Corp, according to the New York Post.
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Hoffenberg plead guilty to the scheme in 1995, and was sentenced to spend 20 years in prison which he served 18.
In a 2018 lawsuit from Tower investors, they argued that Epstein "knowingly and intentionally utilized funds he fraudulently diverted and obtained from this massive Ponzi scheme for his own personal use to support a lavish lifestyle."
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"He was my colleague daily, seven days a week," he announced of Epstein in a 2019 interview in Quartz.
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Hoffenberg was briefly the court-appointed manager of The Post from January to March 1993, rescuing the newspaper from bankruptcy. The news was announced with an iconic Post cover that stated "Last-minute deal saves The Paper…Hoffenberg Saves The Post," calling him the paper's "white knight."
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Yet the staff ultimately rebelled against Hoffenberg, and the paper was briefly handed over to Abe Hirschfeld before being bought for a second time by Rupert Murdoch, the current owner.
A former Trump Tower resident, Hoffenberg was an early backer of Donald Trump’s 2016 presidential bid, but withdrew his backing.
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He became a born-again Christian in prison, he explained to Quartz.
Mr. Hoffenberg is best known for briefly owning the New York Post thorughout a turbulent period for the paper in the early 1990s.
Writing for The Independent in 1993, Michael Leapman announced his ownership came about after Rupert Murdoch was forced to sell the tabloid paper when he purchased the Fox television network due to media cross-ownership laws.
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