World Daily News
Business
United States

Former Abercrombie & Fitch CEO Mike Jeffries Arrested on Sex Trafficking Charges

Images from the reference sources
Mike Jeffries, former CEO of Abercrombie & Fitch, has been arrested and indicted on multiple sex trafficking charges involving the exploitation of aspiring male models.


Mike Jeffries, the former CEO of Abercrombie & Fitch, was arrested on October 22, 2024, on charges of sex trafficking. He is accused of participating in a scheme that exploited aspiring male models between December 2008 and March 2015. Jeffries, along with two associates, allegedly organized sex-themed parties where drugs, alcohol, and Viagra were provided to the models to facilitate sexual acts with attendees.

The indictment includes more than a dozen charges, including trafficking for sexual exploitation and pimping. Jeffries and his associates are scheduled to appear in federal court in Florida and Wisconsin before being arraigned in New York.

This case follows a BBC investigation in 2023 that scrutinized Jeffries for using his position to recruit and exploit young men. Dozens of plaintiffs filed a lawsuit against him and Abercrombie & Fitch, prompting the brand to initiate an independent investigation into the allegations.

Jeffries served as CEO of Abercrombie & Fitch from 1992 until 2014, during which time he transformed the company into a leading fashion brand known for its provocative marketing. Despite a stock market collapse in 2022, the brand saw a remarkable recovery in 2023, achieving a 285% increase in stock performance.

Clam Reports
Refs: | Le Figaro | EL PAÍS |

Trends

Business

High-Profile Arrests Expose Disturbing Trends in Corporate Sexual Abuse

2024-10-22T15:44:28.299Z

Former Abercrombie & Fitch CEO Michael Jeffries and Assu 2000's Jacques Bouthier face serious allegations of sexual misconduct and trafficking, highlighting a significant issue of abuse within corporate settings.

Business

French Media and Advertisers Demand Apple Suspend Ad-Hiding Tool

2024-10-22T22:03:35.401Z

French advertisers and media have demanded Apple suspend its new 'distraction control' tool that allows users to hide ads, citing concerns over economic impact and compliance with data protection regulations.

Business

Former Abercrombie & Fitch CEO Mike Jeffries Arrested on Sex Trafficking Charges

2024-10-22T19:33:29.565Z

Mike Jeffries, former CEO of Abercrombie & Fitch, has been arrested and indicted on multiple sex trafficking charges involving the exploitation of aspiring male models.

Business

IMF Cuts Mexico's Growth Forecast to 1.5% Amid Economic Concerns

2024-10-22T19:03:45.040Z

The IMF has downgraded its growth forecast for Mexico to 1.5% for 2024, citing weakening internal demand and economic uncertainty.

Business

E. Coli Outbreak Linked to McDonald's Burgers: Investigation Underway

2024-10-22T22:53:23.627Z

The CDC is investigating an E. coli outbreak linked to McDonald's burgers, resulting in one death and multiple hospitalizations.

Business

Bangladesh Implements Fifth Rate Hike of 2024 to Tackle Inflation

2024-10-22T20:33:13.353Z

Bangladesh's central bank has raised interest rates for the fifth time in 2024, increasing the repo rate to 10% amid high inflation and rising food prices.

Latest