What Happened To Nygard Cay?

In 1984, Peter Nygard paid $1.76 million for a beach mansion on Lyford Cay in the Bahamas, where he built a 14000 square meter compound. On September 28, 2018, however, it was seized by the Supreme Court.

Furthermore, due to a lack of renovation and care, the property has deteriorated. In 2010, Peter was on his way to restoring Nygard Cay, but his development application was denied by the Bahamas’ prime minister’s office.

Peter Nygard 2021: Is He In Prison?

Peter Nygard is currently incarcerated in Canada’s Headingley Correctional Center, with his next hearing scheduled for January 6, 2022. In November 2019, he was sentenced to ninety days in prison in the Bahamas for contempt of court convictions.

He was also arrested in Winnipeg for extradition to the United States, where he will face sex trafficking charges in Manhattan in December 2020. He was denied bail, however, and faces extradition to the United States on February 5, 2021.

On October 1, 2021, he was charged with many charges of sexual assault by Toronto police, and he agreed to be extradited to the United States. He is currently incarcerated pending extradition proceedings.

 

Peter Nygard Biography

Peter Nygard’s biography can be found in the Wikipedia page.

Nygard graduated from the University of North Dakota with a bachelor’s degree in business administration in 1964. He was born on July 24, 1941, in Helsinki, Finland, and is of Finnish descent.

He and his family moved to Deloraine, Manitoba, in 1952, when he was eleven years old. In 1967, he created Nygard Apparel Manufacturing Company at the age of 26.