Towers Financial Golf Balls
1.7" / 6 pcs
$29.99
Product Details & Size Guide
GhostCorp Apparel - resurrecting iconic corporate ghosts.
Give a golf collection an unexpected connection to American business history with Towers Financial golf balls. The Manhattan company was founded in the early 1970s and later became known for a major investor fraud scandal and its Chapter 11 bankruptcy in 1993. Its history captures the ambitions and consequences of late twentieth-century corporate finance. Designed for collectors drawn to documented company stories, this distinctive subject invites conversation while recognizing a serious episode without celebrating the misconduct.
Towers Financial Corporation was a debt collection agency founded in downtown Manhattan in the early 1970s and incorporated in Delaware. It bought loans considered worthless by sellers, including debts owed to hospitals, banks, and telephone companies, for about a penny on the dollar. Founder Steven Hoffenberg led the company as CEO, president, and chairman. In 1987, he hired Jeffrey Epstein as a consultant and set him up in offices at the Villard Houses in Manhattan. The company also pursued unsuccessful takeover bids for Pan Am and, in 1988, Emery Air Freight. From 1988 to 1993, Towers Financial raised more than $400 million through bonds and promissory notes, using false financial statements to attract investors. In February 1993, the Securities and Exchange Commission alleged that reported profits concealed substantial losses. The company filed for Chapter 11 bankruptcy protection in March 1993. Hoffenberg later pleaded guilty to criminal charges and was sentenced in 1997. The case became a major financial fraud scandal in the United States.
Get your audience in the zone with these personalized golf balls. Available in budget-friendly six packs, these golf balls are made with 100% surlyn. Your artwork, photos, or names go on all six balls, in vivid detail and color.
Give a golf collection an unexpected connection to American business history with Towers Financial golf balls. The Manhattan company was founded in the early 1970s and later became known for a major investor fraud scandal and its Chapter 11 bankruptcy in 1993. Its history captures the ambitions and consequences of late twentieth-century corporate finance. Designed for collectors drawn to documented company stories, this distinctive subject invites conversation while recognizing a serious episode without celebrating the misconduct.
Towers Financial Corporation was a debt collection agency founded in downtown Manhattan in the early 1970s and incorporated in Delaware. It bought loans considered worthless by sellers, including debts owed to hospitals, banks, and telephone companies, for about a penny on the dollar. Founder Steven Hoffenberg led the company as CEO, president, and chairman. In 1987, he hired Jeffrey Epstein as a consultant and set him up in offices at the Villard Houses in Manhattan. The company also pursued unsuccessful takeover bids for Pan Am and, in 1988, Emery Air Freight. From 1988 to 1993, Towers Financial raised more than $400 million through bonds and promissory notes, using false financial statements to attract investors. In February 1993, the Securities and Exchange Commission alleged that reported profits concealed substantial losses. The company filed for Chapter 11 bankruptcy protection in March 1993. Hoffenberg later pleaded guilty to criminal charges and was sentenced in 1997. The case became a major financial fraud scandal in the United States.
Get your audience in the zone with these personalized golf balls. Available in budget-friendly six packs, these golf balls are made with 100% surlyn. Your artwork, photos, or names go on all six balls, in vivid detail and color.
.: Material: Suryln cover + rubber/hard plastic core
.: One size: 1.68" (4.3cm)
.: A pack of 6 golf balls
.: One design for the whole set
EU representative: HONSON VENTURES LIMITED, gpsr@honsonventures.com, 3, Gnaftis House flat 102, Limassol, Mesa Geitonia, 4003, CY
Product information: Generic brand, two year warranty in the EU and Northern Ireland
Care instructions: Wipe clean with warm water and mild soap