Former Abercrombie & Fitch CEO Mike Jeffries was arrested on Tuesday — along with his partner Matt Smith and a third man, Jim Jacobson — and hit with a 16-count indictment in the latest development of an extensive criminal sex trafficking investigation led by the FBI and federal prosecutors in Brooklyn.
According to ABC News, the three men are accused of operating an international sex trafficking and prostitution business that recruited young men for parties in the U.S. and abroad, using their combined vast wealth for an illegal endeavor "that was dedicated to fulfilling their sexual desires and ensuring that their international sex trafficking and prostitution business was kept secret," per the indictment.
