Nancy L Salzman was born on July 16,1954 and is an American convicted felon and the co-founder of NXIVM, a multi-level marketing company and cult based near Albany, New York.
18 Facts About Nancy Salzman
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Nancy Salzman was raised in a Jewish family in Cranford, New Jersey, and graduated from Cranford High School in her hometown in 1972.
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Nancy Salzman is listed in the Nursys database as having a nursing license in the state of New York from 1983 to its expiration in 2019.
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In 1997, Raniere joined forces with Nancy Salzman in developing Executive Success Programs, which would eventually be rebranded as NXIVM.
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At NXIVM, Nancy Salzman had considerable authority as president of the company and was referred to as "Prefect" by cult members.
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Former members have accused Nancy Salzman of being Raniere's abettor and protector and helping Raniere control members and avoid accountability within the organizations.
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Nancy Salzman had an immense influence on NXIVM, which included conspiracy to commit identity theft and conspiracy to alter records.
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Between 2005 and 2008, Nancy Salzman participated in the unlawful surveillance and investigation of perceived critics and enemies of Raniere and NXIVM.
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Nancy Salzman unlawfully surveilled these perceived enemies in an attempt to gain an advantage over them and stop them from criticizing the company.
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Nancy Salzman conspired to obstruct justice by altering videotapes in a civil suit between NXIVM and a former student by editing and removing portions of session videos in favor of the company.
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In March 2018, FBI agents raided Nancy Salzman's house, located on Oregon Trail in Waterford, New York, on a search warrant and seized large amounts of cash totaling $520,000 stuffed in bags, envelopes and shoe boxes, including one shoe box that held more than $390,000.
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In March 2019, Nancy Salzman pled guilty to charges of conspiracy racketeering under the jurisdiction of the United States District Court for the Eastern District of New York.
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Nancy Salzman was scheduled to be sentenced on July 10,2019.
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Nancy Salzman's sentencing was pushed to a later date.
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On July 9,2021, it was announced that Nancy Salzman's sentencing date will be held on August 2,2021.
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In September 2021, Nancy Salzman was sentenced to 42 months in prison and a $150,000 fine for racketeering conspiracy.
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Nancy Salzman agreed to forfeit several real estate properties, more than $500,000 in cash and a Steinway grand piano.
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Nancy Salzman reported to Federal Correctional Institution, Hazelton in West Virginia on February 21,2022, and was released on March 19,2024.