Former Abercrombie & Fitch CEO Mike Jeffries pleaded not guilty to sex trafficking charges, including 15 counts of prostitution. He remains free on a $10 million bond, while the retailer expresses its "appalled" stance and faces a drop in shares.
Mike Jeffries, the former CEO of Abercrombie & Fitch, pleaded not guilty on Friday to charges of running an international sex trafficking scheme while leading the retailer.
Jeffries, 80, who held the position from 1992 to 2014, entered his plea to one count of sex trafficking and 15 counts of prostitution before U.S. Magistrate Judge Steven Tiscione in Suffolk County, New York. He is free on a $10 million bond, secured by his Fishers Island home, but is under home confinement with GPS monitoring.
James Jacobson, an associate of Jeffries, also pleaded not guilty to the same charges and faces similar bail conditions. Jeffries' partner, Matthew Smith, has been ordered detained and will plead later to the same 16 charges.
Prosecutors allege the scheme ran from 2008 to 2015, claiming Jacobson recruited men under the pretense of modeling jobs to fulfill the sexual desires of Jeffries and Smith.
Victims reportedly faced coercion, including forced alcohol and drug consumption, and were made to sign nondisclosure agreements. Prosecutors identified 15 victims, with the defendants facing potential prison sentences of 15 years to life for sex trafficking and up to 20 years for interstate prostitution.
Jeffries and Jacobson's next court appearance is set for December 12.
Following the charges, Abercrombie stated it was "appalled and disgusted" by the accusations and emphasized its commitment to a values-driven organization since Jeffries' departure. Abercrombie's shares have dropped 11% since the charges were announced.
A senior Russian official is expected to arrive in Washington this week for direct talks with the Trump administration, a source familiar with the plan confirmed.
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U.S. Defense Secretary Pete Hegseth has ordered the deployment of additional warplanes to reinforce American naval assets in the Middle East, the Pentagon confirmed on Tuesday. The move follows a renewed bombing campaign in Yemen and rising friction with Iran.
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A senior Russian official is expected to arrive in Washington this week for direct talks with the Trump administration, a source familiar with the plan confirmed.
From Wednesday, European visitors to Britain will need to purchase an Electronic Travel Authorisation (ETA) before arriving, as the UK implements new pre-entry screening measures to tighten border controls.
U.S. Defense Secretary Pete Hegseth has ordered the deployment of additional warplanes to reinforce American naval assets in the Middle East, the Pentagon confirmed on Tuesday. The move follows a renewed bombing campaign in Yemen and rising friction with Iran.
The United States Agency for International Development (USAID), a cornerstone of American humanitarian outreach for over six decades, is being dismantled under the directive of Elon Musk’s Department of Government Efficiency.
Ukraine is set to hold in-depth talks with a select group of foreign allies this Friday to discuss the formation of a military contingent that could serve as a security guarantee under a future ceasefire agreement.
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As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
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A senior Russian official is expected to arrive in Washington this week for direct talks with the Trump administration, a source familiar with the plan confirmed.
From Wednesday, European visitors to Britain will need to purchase an Electronic Travel Authorisation (ETA) before arriving, as the UK implements new pre-entry screening measures to tighten border controls.
U.S. Defense Secretary Pete Hegseth has ordered the deployment of additional warplanes to reinforce American naval assets in the Middle East, the Pentagon confirmed on Tuesday. The move follows a renewed bombing campaign in Yemen and rising friction with Iran.
The United States Agency for International Development (USAID), a cornerstone of American humanitarian outreach for over six decades, is being dismantled under the directive of Elon Musk’s Department of Government Efficiency.
Ukraine is set to hold in-depth talks with a select group of foreign allies this Friday to discuss the formation of a military contingent that could serve as a security guarantee under a future ceasefire agreement.
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