🕵️♂️ FBI Investigation
The FBI began investigating Mike Jeffries in 2022, following a BBC report. The story revealed a network involving Jeffries, his partner Matthew Smith, and recruiter James Jacobson, accused of luring men into sex-trafficking events. Prosecutors claim that the men were flown to New York for events, subjected to coercion, and pressured to take drugs. The allegations include the use of force and injections to manipulate the victims.
💼 Jeffries and His Associates
Jeffries, who led Abercrombie & Fitch for over 20 years, left in 2014 with a $25M retirement package. He and Smith allegedly ran the trafficking operation between 2009 and 2015. Jacobson, their middleman, was charged with recruiting men from around the world. He denies coercion or forceful behavior, though prosecutors accuse him of exploiting his role in the operation.
🚨 Legal Battles and Arrests
Jeffries, Smith, and Jacobson were arrested on Tuesday. Jeffries posted a $10M bond, while Jacobson’s bond was set at $500,000. Smith remains in custody. The indictment mentions 15 victims but suggests dozens were involved. The case followed a civil lawsuit that accused Abercrombie of financially supporting Jeffries' activities during his tenure as CEO.
🧑⚖️ Impact on Abercrombie & Fitch
Abercrombie & Fitch faces scrutiny over the accusations against its former CEO. The brand launched an independent investigation after the BBC report but has not disclosed its findings. The company has distanced itself from Jeffries, emphasizing that the current leadership was unaware of the allegations. Despite its efforts, Abercrombie is being held accountable for Jeffries' legal defense as part of a court ruling linking the allegations to his corporate role.
Should Abercrombie & Fitch be held accountable?
