Peter Nygard, the former executive of his multinational women’s fashion company Nygard International, has agreed to be extradited to the United States to face charges of sex trafficking of underage women and girls and racketeering for over 25 years. years, a Canadian government lawyer said in a court hearing on Friday.
Nygard, who denies the charges, could spend the rest of his life in prison if convicted.
Since his arrest by Canadian authorities last year at the request of the United States under the two countries’ extradition treaty, the 80-year-old fashion mogul has been held in jail outside of Winnipeg, where he failed in his attempts to be released on bail.
American prosecutors to say Nygard has hosted “pampering parties” at several locations across the United States, including its properties in Marina del Rey, California, and the Bahamas.
He allegedly used the resources of his company, Nygard International Partnership, to control victims through threats, false promises of career advancement, surveillance and physical isolation.
Nygard also faces allegations dating back to 1995 of targeting underprivileged women and girls from underprivileged backgrounds in his scheme which involved sexual assault through illegal drugs without the knowledge of the victims.
Earlier this week, Toronto police issued an arrest warrant for Nygard for alleged sexual assault between 1987 and 2005, with six counts of sexual assault and three counts of forcible confinement, according to the Toronto Star.
What to watch out for
The Minister of Justice of Canada must decide whether to transfer Nygard to the United States, noted Scott Farlinger, attorney general of Canada, representing the US government.
Nygard resigned as chairman of Nygard International, a multinational women’s fashion company he founded in 1967, in February 2020. This came after US law enforcement officials raided the city. Nygard International headquarters in Manhattan as part of an investigation into allegations of sex trafficking. Nygard International filed for bankruptcy in Canada and the United States a month after the raid. Bankruptcy filings in Canada show that Nygard’s company had C $ 150 million more in liabilities than in assets, the New York Times reported. The company had approximately 170 stores in North America and an additional 6,000 stores in department stores and employed more than 1,400 people when it filed for bankruptcy.
Nygard would have promotes his stories of hedonism and stem cell injections, and Washington post said he portrayed himself as a playboy often seen with women younger than himself at Oscar viewing parties in Beverly Hills. Nygard was born in Finland and raised in Manitoba, Winnipeg. He was ranked 80th richest Canadian in 2009 with a net worth of $ 817 million, according to Canadian business magazine.
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Fashion mogul Peter Nygard charged with alleged sex trafficking (Forbes)