Biography & Early Wealth Journey

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The lawsuit alleges that Nygard targeted women and minor-aged girls from disadvantaged economic backgrounds or who had a history of abuse in their lives. Fifty-seven women have joined the lawsuit and collectively claimed Nygard used intimidation, bribery, and violence to not just lure the girls in, but to avoid being discovered for decades. Some of the girls were referred to as Nygard's "girlfriends" or "assistants."

Nygard allegedly required those girls to travel and stay with him and engage in sex with him, with each other, and with others. He dictated the daily activities of these girls as well as their appearances. These women and girls were under constant surveillance by Nygard and his cronies. The legal statement claims that these women were not allowed to leave the house (or wherever they were) without the permission of Nygard.

Primary Income Streams & Multi-Million Contracts

The FBI raided his New York City offices earlier this year. It was triggered by 10 women suing Nygard and claiming he targeted young and poor women to his lavish estate in the Bahamas with cash and promises of jobs in modeling and fashion. Several of the 10 plaintiffs alleged that they were 14 and 15 when Nygard forced alcohol and drugs on them and then raped them. When his victims were flown to the Bahamas, their passports were allegedly confiscated. To get it back and leave his estate, he allegedly required a sex act.

He also reportedly had a database of thousands of potential victims on his corporate server.

Nygard has denied all charges and claims this is the work of his billionaire neighbor, Louis Bacon, whom he has been feuding with for years. Nygard stepped down as chairman of his company earlier this year and announced he'd be divesting his ownership stake.

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