General

Forbes Says Vítek Is Worth $7.2 Billion. The Numbers Say Otherwise
His Forbes-reported net worth is $7.1 billion, making him the 542nd richest person in the world, according to Forbes, and 6th richest in his native Czech Republic.

His Forbes-reported net worth is $7.1 billion, making him the 542nd richest person in the world, according to Forbes, and 6th richest in his native Czech Republic.

More than anyone, Barbara Bouchey continues to fight for the notion that Nxivm had a lot of good in it and that she had good reason to be enamored with Keith Alan Raniere.

Earlier this week, Frank Report broke the news on the government’s move to seize various NXIVM-related assets ( As indicated in that report , the government had already obtained consent from Lauren Salzman and Allison Mack to seize those assets – and was expected to receive similar consents from Nan

{Editor’s Note: This post is a combination of the onsite reporting of Dianne Lipson and K.R. Claviger’s review of today’s testimony]

One thing you have to acknowledge about the U.S. criminal justice system is that once it decides to go after someone, it can completely and utterly destroy them.

Courtroom 4-D South is going to need a thorough cleaning when this trial is over.

Frank Parlato is attending the U.S. v. Raniere trial today – and has provided a brief summary of this morning’s proceedings.

Rumors continue to circulate today in the EDNY courthouse that Keith Raniere and his defense team will not offer any defense after the prosecution rests its case.

UPDATE: A source that I deem to be extremely reliable tells me that Keith Raniere is not going to put on a case and that the prosecution and the defense will both rest their cases today and that closing arguments will begin on Monday.

Harriet Wilson [not her real name] is a woman known to me who took an SOP [Society of Protectors] six-day intensive and has closely followed the case.

Based on the testimony of Richard Guerci, a former IRS agent who now works as a private investigator for an agency that investigates financial crimes, we now know that Clare Bronfman put a total of $14.3 million into the Defense Trust Fund that has been used to pay for the attorneys representing her