Authorities should focus on alleged crimes committed with Bronfman millions ‘loaned’ to Raniere; But will they?


Keith Raniere appears in a video to explain ethics.

So what?

If sisters, Clare and Sara Bronfman, want to piss away $160 million supporting the NXIVM cult and Keith Raniere’s gambling activities, what’s wrong with that?

Even if Raniere did steal from the Bronfmans – set up secret commodities accounts, for instance, and used it to profit from the $65.6 million in losing commodities’ trades that, Raniere, the so-called smartest man in the world, advised the Bronfman sisters to make (and thus swindled them of their money), if the Bronfmans are content – indeed blissful – why should anyone else be concerned?

Perhaps the answer lies in shifting the focus away from the pampered, and self-indulgent Bronfmans and look instead at the possible illegalities funded via the Bronfman sisters’ “loans” to Raniere and the companies he controls.

Look at the transfers from a tax standpoint.

Calculate what NXIVM/First Principles/Raniere/Salzman/Bronfmans have evaded in taxes.

Former NXIVM insiders, familiar with details of the Bronfman sister’s “loans” to Raniere, calculate that $20 to $30 million in personal, corporate and gift taxes have been evaded by calling these transfers “loans.”

When we look at the illegal activities Bronfman funds were allegedly used to support (e.g., illegal immigration activities; purchasing bank records of Federal judges; numerous violations of federal and New York State laws concerning not-for-profit entities; importing underage women for Raniere; etc.) one is almost compelled to ask, “Why hasn’t anyone put an end to his craziness?”

The answer may lead to the legal and political influence NXIVM and Raniere have amassed.

How is it possible that the Internal Revenue Service and the NYS Department of Taxation & Finance have ignored the fact that NXIVM and Raniere are have failed to file tax returns for years?

Why have the local U.S. Attorney in Albany, the NYS Attorney General, and the NYS Police failed to undertake an in-depth investigation of NXIVM and Raniere even though they have been provided with detailed information concerning those entities alleged illegal activities?

As we continue to pull the veils away, in our Cult of NXIVM series, the answer to the questions posed above will become apparent.


Despite their great wealth – and willingness to share it with those in power  – it is not clear if the Raniere/Bronfman enterprises are immune from prosecution. While they readily pay for indictments of their enemies, have they paid enough to make them immune from prosecution?


About the author

Frank Parlato

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About the Author

Frank Parlato is an investigative journalist.

His work has been cited in hundreds of news outlets, like The New York Times, The Daily Mail, VICE News, CBS News, Fox News, New York Post, New York Daily News, Oxygen, Rolling Stone, People Magazine, The Sun, The Times of London, CBS Inside Edition, among many others in all five continents.

His work to expose and take down NXIVM is featured in books like “Captive” by Catherine Oxenberg, “Scarred” by Sarah Edmonson, “The Program” by Toni Natalie, and “NXIVM. La Secta Que Sedujo al Poder en México” by Juan Alberto Vasquez.

Parlato has been prominently featured on HBO’s docuseries “The Vow” and was the lead investigator and coordinating producer for Investigation Discovery’s “The Lost Women of NXIVM.” Parlato was also credited in the Starz docuseries "Seduced" for saving 'slave' women from being branded and escaping the sex-slave cult known as DOS.

Additionally, Parlato’s coverage of the group OneTaste, starting in 2018, helped spark an FBI investigation, which led to indictments of two of its leaders in 2023.

Parlato appeared on the Nancy Grace Show, Beyond the Headlines with Gretchen Carlson, Dr. Oz, American Greed, Dateline NBC, and NBC Nightly News with Lester Holt, where Parlato conducted the first-ever interview with Keith Raniere after his arrest. This was ironic, as many credit Parlato as one of the primary architects of his arrest and the cratering of the cult he founded.

Parlato is a consulting producer and appears in TNT's The Heiress and the Sex Cult, which premiered on May 22, 2022. Most recently, he consulted and appeared on Tubi's "Branded and Brainwashed: Inside NXIVM," which aired January, 2023.

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Contact Frank with tips or for help.
Phone / Text: (305) 783-7083


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