I believe the conspiracy was real, but was itself an emergent manifestation of the conspiracy hunters' paranoia.

As the occultist Agliè explicitly champions, "in its loftiest sense syncretism is the acknowledgment that a single Tradition runs through and nurtures all religion, all learning, all philosophy". He asserts that "true esotericism does not fear contradiction".

None of what was published could falsify the syncretic paranoia-therefore whatever existed was the cult, since no tradition could be excluded.