By CBSNewYork Team

NEW YORK (CBSNewYork) — The former president and co-founder of the NXIVM cult learned her punishment Wednesday.

Nancy Salzman was sentenced to three years and six months in prison. She was also ordered to pay a $150,000 fine.

Her sentence is for racketeering conspiracy, including acts of conspiracy to commit identity theft and conspiracy to obstruct justice. She pleaded guilty in March 2019.

Salzman agreed to forfeit several properties, more than $500,000 in cash and a Steinway grand piano.

CBSNewYork Team