Peter J. Nygård is a Finnish-Canadian businessman and former fashion executive who founded Nygård International in 1967. The company, initially a sportswear manufacturer, later expanded to produce women's apparel. He was ranked as the 70th richest Canadian by Canadian Business Magazine in 2009, with a net worth of C$817 million, which grew to an estimated C$900 million by 2017.
Peter J. Nygård was born Pekka Juhani Nygård in Helsinki, Finland in July 1941.
Peter Nygård's parents immigrated to Deloraine, Manitoba, Canada in 1952 when he was around eleven years old.
Peter Nygård graduated from the University of North Dakota with a business degree in 1964.
Peter Nygård founded Nygård International in Winnipeg in 1967. The company started as a sportswear manufacturer.
The earliest accusations of sexual misconduct against Peter Nygård date back to 1968.
Peter Nygård's takeover of a sportswear designer's business in New York City in 1978 resulted in a 12-year legal battle in a New York federal court.
In 1984, Peter Nygu00e5rd bought a beach bungalow for $1.76 million.
Peter Nygu00e5rd completed the construction of a sprawling 14,000-square-meter compound, known as Nygu00e5rd Cay, in Lyford Cay, Bahamas in 1987.
In 2002, a park in Deloraine, Manitoba, where Peter Nygu00e5rd was raised, was named in his honor, and a commemorative plaque was installed.
Peter Nygu00e5rd faced a lawsuit in Florida in 2003 filed by an American couple who alleged that he had misled them into taking on management positions at his Bahamas estate.
In 2005, Peter Nygu00e5rd's attempt to address parking issues at Nygu00e5rd Cay by placing a concrete slab on Louis Bacon's property led to a court injunction.
The latest known sexual assault charges against Peter Nygård date back to 2005.
The conflict between Peter Nygu00e5rd and Louis Bacon escalated in 2007 with the installation of loudspeakers by Bacon, directed at Nygu00e5rd's property. This marked the beginning of a series of legal battles.
The lawsuit brought by the American couple against Peter Nygu00e5rd was resolved in 2007.
Peter Nygård's fashion concept retail store opened in Times Square, New York City on November 6, 2009.
Canadian Business Magazine ranked Nygård as the 70th richest Canadian with a net worth of C$817 million in 2009.
Peter Nygu00e5rd unveiled plans in April 2010 for a $50 million renovation project for Nygu00e5rd Cay, aiming to repair damage and provide employment.
In the summer of 2010, Bahamian police raided Louis Bacon's property and confiscated the loudspeakers. Bacon accused Nygu00e5rd of orchestrating the raid, a claim Nygu00e5rd denied.
Peter Nygu00e5rd received the Queen Elizabeth II Diamond Jubilee Medal in 2012.
Louis Bacon filed a defamation lawsuit against Peter Nygu00e5rd in January 2015, alleging that Nygu00e5rd had used fake news websites to spread defamatory information about him.
Peter Nygård was investigated by the FBI regarding claims of sex trafficking in 2015.
The United States Department of Homeland Security investigated Peter Nygård for nine months in 2016.
In 2017, Peter Nygård's net worth was estimated to be C$900 million.
Peter Nygu00e5rd ceased using his Boeing 727-100 private jet, known as N-Force, in 2017 because of high maintenance expenses, and it was later dismantled in Brunswick, Georgia.
The FBI conducted another investigation into Peter Nygård related to sex trafficking claims in 2017.
The Supreme Court of the Bahamas seized Nygu00e5rd Cay in September 2018 as part of the legal battle over Nygu00e5rd's dredging activities near the property.
Peter Nygu00e5rd initiated legal action against two New York Times reporters in September 2019, asserting that they had attempted to manipulate sources and portray him negatively.
Bahamian police launched an investigation into six allegations of sexual assault against Peter Nygård in November 2019. The alleged victims were all reportedly under 16 at the time of the alleged assaults.
A warrant for Peter Nygu00e5rd's arrest was issued in 2019 due to his repeated failure to attend a court hearing in the Bahamas related to contempt-of-court charges.
Peter Nygård was hit with two separate lawsuits accusing him of sexual assault in January 2020.
In February 2020, Bahamian police investigated the allegations made by four women in the class-action lawsuit against Peter Nygård. On February 25, 2020, the FBI and the New York City Police Department raided the New York headquarters of Nygård International in connection with the sex trafficking claims.
Ten women filed a class-action lawsuit against Peter Nygård in New York in February 2020, alleging sexual assault at his Bahamas residence between 2008 and 2015. The lawsuit also alleged that he maintained a sex-trafficking network and that seven of the women were underage at the time of the alleged assaults.
The headquarters of Nygård International was raided in February 2020 as part of a sex trafficking investigation against Peter Ngård by the FBI. Nygård then announced he would step down from the company.
In March 2020, a judge stated there was no evidence that Peter Nygård had resigned from Nygård International and still owned 100% of the company's shares. Subsequently, the company filed for Chapter 15 bankruptcy in New York on March 18, 2020, and a Manitoba judge ordered a group of Nygård companies into receivership the next day.
Thirty-six more women joined the class-action lawsuit against Peter Nygård in April 2020, bringing the total number of plaintiffs in the sexual assault case to 46.
Following Peter Nygu00e5rd's arrest and charges related to sexual assault and sex trafficking, the park in Deloraine was renamed to Prairie Sentinels Park in May 2020.
By June 2020, the number of women who joined the class-action lawsuit against Peter Nygård increased to 57.
Peter Nygård filed a motion to dismiss the claims of 52 plaintiffs in the class-action lawsuit in July 2020, arguing "numerous deficiencies" and statute of limitations expirations.
In August 2020, two of Peter Nygård's sons filed a lawsuit against him, accusing him of directing a sex worker to sexually assault them. Later that month, the class-action lawsuit was put on hold at the US government's request due to the ongoing criminal investigation.
Peter Nygård faced formal charges of sex trafficking and racketeering, including allegations involving minors, in December 2020.
Peter Nygård was arrested in Winnipeg in December 2020 for extradition to the US to face sex trafficking charges by the US attorney's office in Manhattan.
Two days following Peter Nygu00e5rd's arrest, Discovery+ revealed plans to release "Unseamly: The Investigation of Peter Nygu00e5rd," a documentary series about his life.
Before his 2020 arrest, Peter Nygård had been involved in numerous lawsuits, including those alleging abusive labor practices and tax evasion.
In 2020, Peter Nygård's personal net worth was estimated at $900 million.
The FBI raided Peter Nygård's offices in New York City in 2020 due to accusations of sex trafficking, sexual assault, and racketeering. Consequently, Nygård stepped down as chairman of Nygård International, and the company filed for bankruptcy later that year.
CBC Podcasts launched the first episode of "Evil by Design" in January 2021, a podcast examining the allegations against Peter Nygu00e5rd, which incorporated interviews with individuals claiming to be victims.
A new lawsuit filed in February 2021 by one of the class-action plaintiffs named Angela Dyborn, Peter Nygård's niece, as an alleged co-conspirator in the alleged sex-trafficking scheme.
Peter Nygård was denied bail and faced extradition to the United States in February 2021.
The documentary series "Unseamly: The Investigation of Peter Nygu00e5rd" premiered in February 2021, featuring interviews with individuals connected to Nygu00e5rd, including family and former employees.
Peter Nygård's request for bail was denied for the second time in March 2021.
In April 2021, it was announced that Peter Nygård would face an extradition hearing in November 2021.
Canadian authorities charged Peter Nygård with multiple counts of sexual assault and forcible confinement in October 2021, for incidents alleged to have occurred between the mid-1980s and mid-2000s.
Peter Nygård agreed to be extradited to the US in October 2021 to face the charges against him. On the same day, Toronto police charged him with six counts of sexual assault and three counts of forcible confinement.
An extradition hearing for Peter Nygård was scheduled for November 2021.
Dateline aired an episode in December 2021 that centered on the case of Peter Nygu00e5rd.
In December 2021, news broke that Peter Nygård would face charges by Winnipeg police following a ten-month investigation into allegations of sexual assault from eight women.
By 2021, Nygu00e5rd Cay had fallen into a state of disrepair.
The podcast "Evil by Design" was later developed into a documentary series titled "Evil by Design: Surviving Nygu00e5rd," which premiered on CBC Television in 2022.
The Bahamian Government initiated the demolition of buildings on Nygu00e5rd Cay in April 2023.
A New York judge ruled in favor of Louis Bacon in May 2023, awarding him over $203 million in damages. The court found that Peter Nygu00e5rd had engaged in a prolonged smear campaign against Bacon.
A Canadian court convicted Peter Nygård on four counts of sexual assault in November 2023.
A Canadian jury in Toronto found Peter Nygård guilty of sexual assault in November 2023 after a six-week trial. The 82-year-old was convicted of assaulting four women between the late 1980s and 2005.
The preliminary inquiry for the charges against Peter Nygård in Montreal is scheduled for January 28, 2025.
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