Mike Jeffries, the former CEO of Abercrombie & Fitch, was arrested on charges of sex trafficking.

Mike Jeffries, the former CEO of Abercrombie & Fitch, was arrested on charges of sex trafficking.
Mike Jeffries, the former CEO of Abercrombie & Fitch, was arrested on charges of sex trafficking.
  • In Florida, former Abercrombie CEO Mike Jeffries was arrested and charged with sex trafficking-related offenses by federal prosecutors in New York, according to NBC News.
  • According to NBC, two associates of Jeffries, Matthew Smith of West Palm Beach, Florida, and James Jacobson of Wisconsin, have also been charged in the case.

On Tuesday, NBC News reported that Mike Jeffries, the former CEO of Abercrombie & Fitch, was arrested in Florida and is facing sex trafficking-related charges brought by federal prosecutors in New York.

According to NBC, two associates of Jeffries, Matthew Smith of West Palm Beach, Florida, and James Jacobson of Wisconsin, have also been charged in the case.

Abercrombie & Fitch declined CNBC's request for comment.

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— CNBC's Gabrielle Fonrouge contributed reporting.

by Kevin Breuninger

Politics