As readers know, NXIVM conducts “human potential and ethics” seminars in Albany and elsewhere. Keith Raniere is the company’s founder. And Clare and Sara Bronfman (two of heiresses of the Seagram’s fortune) started investing with Raniere around 2003.
By 2007 the Bronfman sisters had invested more than $100 million in commodities, real estate and in litigation to sue adversaries who were preventing NXIVM from reaching its full potential.
Some of the litigation was aimed at indicting adversaries, including one of Raniere’s harem members who left the NXIVM group.