Month: January 2015

Allegations of Nygard ‘smear campaign’ make sense of strange reports

This week, news broke of a lawsuit filed by Bahamian resident and conservationist Louis Bacon, alleging that his neighbor Peter Nygard orchestrated a ‘smear campaign’ against him.

As reported by the New York Post:

In one instance, Bacon accuses Nygard of doctoring an October 2011 CBS News report about the arrest of Wall Street titan Rajat Gupta for insider trading. The doctored video superimposed Bacon’s name and face over Gupta’s, falsely alleging that Bacon was at the center of a “billion-dollar scam,” according to the suit.

Elsewhere, the suit cites a flurry of speculation in local Bahamian media after Bacon’s house manager, Dan Tuckfield, died in the billionaire’s pool in May 2010. While official reports cited a heart attack, Nygard used local media to spread rumors about a murder and cover-up by Bacon, the suit claims.

“Louis Bacon filed this lawsuit to hold Peter Nygard and his companies responsible for their unlawful and reprehensible smear campaign,” Bacon’s attorney, Orin Snyder, said in a statement. “We look forward to our day in court.”

The revelation of this lawsuit into the open press appears to make sense of a number of strange reports recently circulating in the Bahamian press featuring these prominent citizens.

The Bahamas Citizen, for example, recently reported that the Save The Bays environmental group, which is committed to preserve and protect the Bahamian environment, was disrupted by a “paid-for mob”.

References to this event are amongst those apparently contained in the claims.

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