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- Nxivm maintains features of a pyramid scheme, as its courses cost thousands of dollars each and participants (“Nxians”) are encouraged to pay for additional classes and to recruit others to take classes in order to rise within the ranks of Nxivm.
www.justice.gov › usao-edny › pr
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Jan 29, 2020 · Nxivm ‘Sex Cult’ Was Also a Huge Pyramid Scheme, Lawsuit Says - The New York Times. Eighty people contended that they were bilked out of millions of dollars through a “coercive” scheme by the...
NXIVM has been described as a pyramid scheme, a sex-trafficking operation, a cult, and a sex cult. In a 2010 Times Union article, former NXIVM coaches characterized students as "prey" for Raniere's sexual or gambling-related proclivities.
- July 20, 1998; 25 years ago
- Personal-growth seminars
- Self-improvement seminars
Sep 8, 2021 · Before launching Nxivm, Raniere ran an alleged pyramid scheme that brought in $33 million in a year, Forbes reported in 2003. Raniere had signed 250,000 people up for Consumers' Buyline,...
May 30, 2018 · It might be surprising that people would sign up for a self-improvement endeavor led by a man who might have led a pyramid scheme, but today in Nxivm, leaders explain to incoming members that...
- Vanessa Grigoriadis
May 15, 2019 · In 1993 the New York attorney general filed a civil suit alleging Consumers' Buyline was a pyramid scheme. Without admitting wrongdoing, Raniere settled for $40,000, of which he has paid only...
Jun 19, 2019 · Prosecutors illustrated how Raniere ran a sex cult pyramid scheme, recruiting women as slaves and forcing them to have sex with him. The cult membership reportedly included Hollywood actresses,...
