It is also ironic that while Parlato had started work in developing the Los Angeles properties he recovered for the Bronfmans, as soon as he was fired, all work ceased on the properties – many of which were in partial stages of construction – and the Bronfmans let millions of dollars of their investment go to foreclosure and neglect as exposed foundations made the construction worthless. They essentially abandoned the project and lost all their money anyway.

Former Assistant US Attorney Anthony Bruce

In order to invent a fraud he could prosecute perpetrated by Parlato, Anthony Bruce had to have some evidence.

Since the Bronfmans had signed no contract with Parlato on the development of the Los Angeles real estate deal, Bruce had only the Bronfmans verbal representations about what happened and how Parlato allegedly defrauded them.

He had another problem too. The events took place in early 2008 and as Bruce was getting ready to indict in late 2015 – some seven and half years later – anything said or done at the time was beyond the five-year statute of limitations for fraud.

Parlato had transparently told the FBI from day one of the investigation that he had sent sent Raniere a proposed written contract for the Bronfmans to sign – when he was in the midst of saving their investment – but did not sign after he recovered their investment –  which was Parlato’s evidence of the Bronfmans’ bad faith. 

 If the Bronfmans had signed it they would have been in breach of it anyway for unilaterally firing Parlato without cause and denying him his share of the development contained in the proposal.

Nevertheless, Bruce ignored the facts of the case and took the unsigned 2008 proposal and turned it against Parlato. Bruce noticed that one of the terms in the proposal extended three years forward to 2011, which meant, had it been signed by the Bronfmans, it would be within the statute of limitations. What was the fraud? Parlato sold One Niagara, the collateral named in the proposal. But the proposal was never signed so Parlato had no obligation not to sell the building.

Based on the indictment, the discovery documents the government produced, reports of witnesses in the grand jury, and Bruce’s statements to defense lawyers, Bruce misrepresented to the grand jury that Parlato’s proposal was a fully executed contract signed by the Bronfmans which Parlato had violated.

To make it a case of fraud, Bruce had to hold Parlato to the terms of a proposed contract without holding the other party – the Bronfmans – to its terms. By inserting himself into a civil dispute and misrepresenting an unsigned contract, Bruce concocted a crime.

This probably required a hefty dose of lying by omission before the grand jury. This is precisely how Bruce converted the Bronfmans into victims in the Parlato case.


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Concerned reader
Concerned reader
6 years ago

Anthony Bruce does seem to play fast and loose.

“AP, BUFFALO, Jan. 29, 1991 — Federal prosecutors have admitted using documents stolen from a lawyer’s office to prosecute the lawyer on money laundering charges, but they denied they were involved in the burglary.

Assistant United States Attorney Anthony Bruce said his office started investigating the lawyer, David R. Knoll, and a co-defendant, Ted Gleave, in 1986, after receiving letters from Mr. Knoll to a bank in the Cayman Islands.

Mr. Bruce said the letters were delivered to prosecutors after a convicted bank robber called him to offer the documents.”

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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