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Seagram heiress Clare Bronfman admitted her guilt in the foundation of the sex cult Nxivm, BBC News reported.

The 40-year-old Bronfman was accused of investing over $ 100 million to establish a sex cult, whose members, by means of blackmail and threats, forced women to have an intimate relationship with its head, Keith Raniere.

The billionaire confessed to the following crimes: conspiring to conceal illegal migrants for financial gain and fraudulent use of personal data.

"I wanted to do good in the world and help people," she added. "However, I have made mistakes."

Bronfman will be sentenced on 25 July. She could face up to 25 years in prison.

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