Search Warrant Docs reveal $500k cash seized by FBI at Nancy Salzman’s house

Prefect and the Dentist

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.

Photo courtesy Albany Times Union: FBI agents leave with boxes of records – and shoe boxes and envelopes with half a million in cash at Nancy Salzman’s house. Salzman is known to her followers as “Prefect” but may soon have her own Federal Prisoner Number just like Raniere.


About the author

Frank Parlato


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  • 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

  • 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.

  • $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…

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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