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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
Jul 5, 2023 · The case against Nxivm widened. A superseding indictment charged Mr. Raniere and five women linked to Nxivm, including Ms. Salzman, Clare Bronfman and Ms. Mack, with racketeering conspiracy ...
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Was NXIVM a pyramid scheme?
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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 ...
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 ...
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, ...
- Stacey Nguyen
Jun 19, 2019 · Nxivm leader Keith Raniere has been found guilty on seven counts of racketeering, sex trafficking, conspiracy, wire fraud and other crimes. ... Constructed like a pyramid scheme, levels of "slaves ...
May 30, 2018 · In yet another pyramid of the scheme, each master was supposed to bring in slaves, and then, to become masters, those slaves would recruit slaves of their own; an estimated 150 women ultimately ...
