Investigative journalist Brendan Lyons – who has broken more NXIVM stories than anyone else in the mainstream media – and on behalf of the newspaper that has done more to unhinge the vicious NXIVM cult, the Albany Times Union – breaks another shocker this morning:
Half-million in cash was seized from NXIVM
president’s house
Unsealed federal search warrant receipts – which were unsealed by a judge at the request of the Times Union — have revealed some interesting facts about NXIVM and its President, Nancy Salzman a/k/a Prefect.
We learn:
FBI agents seized $520,000 in cash from Salzman’s home when they raided it on March 27 -two days after Raniere’s arrest.
[Frank Report detailed months ago – long before the FBI investigation started – that cash was stored at her house – money smuggled from Mexico. Kristin Keeffe alleged in a court filing back in 2015 that as much as $2 million was stored there at any given time.]
FBI found cash in bags, envelopes and shoe boxes. One shoe box had $390,000.
FBI agents also seized computers, data-storage devices, cameras, mobile phones, BlackBerrys, and small amounts of Mexican and Russian currency [60,000 rubles {$971 US dollars] from Salzman’s house.
Evidence also was seized from the FBI raid at 8 Hale Drive, the townhouse used by Keith Raniere a/k/a Vanguard a/k/a Federal Prisoner # 57005-177 as his ‘sex lair.’
Seized at Hale Dr. were
- audio-video recording equipment;
- a box of unidentified white pills;
- computer storage devices;
- binders;
- VHS tapes; and
- Among the books in his library, one titled “History of Torture”.
FBI affidavits filed in support of the search warrant applications confirm what Frank Report wrote more than two weeks ago: Allison Mack is an alleged co-conspirator with Raniere.
Raniere, trying to shift the blame to Mack, said DOS was a private “sorority” and he had zero role in it.
Raniere is currently being held without bond at the Metropolitan Detention Center in Brooklyn, NY and is scheduled to appear before a U.S. magistrate judge on Friday at 2:00 PM.
The search warrant records indicate federal crimes beyond sex trafficking are now being investigated.
[…] Search Warrant Docs reveal $500k cash seized by FBI at Nancy Salzman’s house […]
The question is whether this is illegal money or not. There is a chance that she can prove where the money is from. She might end up with charges of tax evation or money laundering, but that remains to be seen.
Welp, if: 1) you’re not filing income tax returns and 2) have no source of income… It’s really hard to explain to IRS how you have half a million dollars in your house.
Also, think about it…who stores CA$H in their homes? Drug dealers.
Why? Because they don’t want to be tracked via banks.
Not looking good for Nefarious Nancy…imho
Here is a countdown to the arraignment. Balloons to be set free in celebration tomorrow (not really, that is bad for the environment, maybe just throw some bird seed.)
http://www.webcountdown.net/?a=HARBQcP
I’m thinking she had so much cash over there she didn’t know where it was all stashed. Surely, she took most of it out knowing the Feds were closing in.
The problem is there’s a hell of a lot more. Where is the other money? Some actually estimate that Nancy had closed to $8 million in her house before. Where is that? Allowing Keith or anyone in the cult to have any access to that would be horrible.
Nancy, wouldn’t it have just been easier to just call Two Men And A Truck?
$520,000 that can’t be used for lawyers. That makes me happy.
“Move In The Direction Of Your Ideal Self…” — Nancy Salzman
How’s that moving going, Nancy?
Yeah, she was out of toilet paper, so she used what was the closest…
$100 bills are pretty soft according to Pablo Escobar…