Dones #9: ‘How do you know Raniere is a compulsive gambler?’

Robert Crockett, NIXVM’s lawyer is asking the questions (Q). Susan Dones. a former head trainer at NXIVM is answering them (A).

Q: ….How do you know that Keith Raniere is a compulsive gambler?

A: … he’s lost over $70 million in the commodities market. ….  he had actually opened commodities markets in Pam Cafritz’s name and in Karen Unterreiner’s name and had lost that money, and that Keith also would go to casinos –….  that he also participated in several gambling ventures.

Q:  … You’re basing your understanding of Keith’s compulsive gambling on a former girlfriend; is that correct?

A: …. Barbara Bouchey had told me… Keith had lost $1.7 million of her money and that they had borrowed money from her cousin … and …Noel Neilson and … Michael Sutton and that that total amount was approximately $5 million…

Q: Do you have any evidence that Keith Raniere was involved in compulsive gambling outside of investing in the commodities market, like, for instance, casino gambling or Black Jack or cards or anything like that?

A: …. Toni Natalie (said) that he gambled at the casinos.

Q: …. So gambling at casinos is considered an affront to NXIVM’s ethical system?

A: Keith’s position in the company …- taking members money and utilizing it in that capacity is not only unethical, but it’s a conflict of interest.

Q: Do you think that Keith ever took NXIVM members’ money to gamble at the casinos?

A: …. I think 70-plus million dollars is a lot of money to lose in the commodities market.

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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.

IMDb — Frank Parlato

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


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