Keith Raniere, a notable American entrepreneur, made a significant impact in the business world with his ventures. One of his most notable achievements was the founding of Consumers' Buyline Inc. (CBI) in 1990, a company that paved the way for his future entrepreneurial endeavors.
In 1998, Raniere co-founded NXIVM, a multi-level marketing company, alongside Nancy Salzman. This endeavor further solidified his reputation as a successful entrepreneur and businessman.
However, Raniere's professional and personal life took a dramatic turn in 2019. He was found guilty in a trial and convicted of a pattern of racketeering activity, which included serious allegations of human trafficking, sex offenses, and fraud.
This conviction marked a significant turning point in Raniere's life, and his reputation was forever changed as a result. Despite his previous successes, his actions ultimately led to his downfall and a life of consequences.
