NO bullshit here.

Reader: NXIVM, Salzman don’t pay taxes, but aren’t shut down

A reader writes: I think the reason Raniere isn’t a figurehead for NXIVM is that he cannot legally be running a network marketing company as per his agreement with the state of NY.*

If the State of NY was to examine NXIVM commission payout they would find it is [multi-level] network marketing even though NXIVM denies this when asked by their members how it’s different from other network marketing companies.

NXIVM preaches multi level marketing to be unethical even thought they do it themselves.

In order to remain under the radar with the State of NY Raniere pretends he isn’t involved, but really runs & controls the company.

Nancy Salzman owns the company but doesn’t pay NY State or Federal taxes for NXIVM. Why is it, even after being turned in by several people, that she has not been held accountable?

NXIVM isn’t even supposed to be doing business in NY since their business license has been shut down for not paying taxes, but still they run a business plus use the courts’ resources to do their harassment?

————–

*Raniere entered into a consent decree with the New York State Attorney General in the 1990’s after allegations of fraud led to the closing of his Multi-Level Marketing business, Consumers Buy Line. The agreement required Raniere to not operate any ‘illegal’ multi level marketing businesses in the future.

 


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Frank Parlato

Frank Report’s founder and lead writer Frank Parlato is one of the internet’s most acclaimed investigative journalists. His writing and investigations have helped expose major criminal organizations and scandals.

Frank’s work has been cited in major publications all over the world, including The New York Times, New York Post, The Daily Mail, VICE News, CNN, Rolling Stone, and more.

He is also the publisher and editor-in-chief of Artvoice, The Niagara Falls Reporter, Front Page and the South Buffalo News.

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About Frank Parlato

About Frank Parlato

Frank Parlato is an investigative journalist.

His work has been cited in major publications all over the world, including The New York Times, The Daily Mail, VICE News, CNN, Fox News, Rolling Stone, People Magazine, and more.

Frank Parlato was the lead investigator and coordinating producer of Investigation Discovery's 2 hour blockbuster special 'The Lost Women of NXIVM.'

Frank Report is dedicated to Frank's investigative journalism and the pursuit of truth.

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