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Jan 29, 2020 · The 200-page lawsuit details sprawling allegations of fraud and abuse, including that Nxivm’s leaders drew “from methods used in pyramid schemes” to take people’s money and make it ...
Jul 5, 2023 · Nxivm, the cultlike ... prosecutors said that Mr. Raniere “has spent his life profiting from pyramid schemes and has otherwise received financial backing from independently wealthy women ...
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History NXIVM founder Keith Raniere. Before founding NXIVM, Raniere created Consumers Buyline, a business venture that the New York Attorney General accused of having been a pyramid scheme; Raniere signed a consent order in 1996 in which he denied any wrongdoing but agreed to pay a $40,000 fine and to be permanently banned from "promoting, offering or granting participation in a chain ...
- 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, another ...
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
Aug 23, 2020 · Unpacking the NXIVM Money Pyramid Scheme. The self-help courses also raised concerns about a pyramid scheme. In a lawsuit against Raniere and his associates, ...
Apr 2, 2024 · Yusko reported that Raniere’s previous business, Consumer Buylines, was shut down after several investigations alleged it was a pyramid scheme. His new venture was billed as a “human potential ...
