A former Abercrombie & Fitch CEO was arrested on sex trafficking charges, report says

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Mike Jeffries, the former CEO of Abercrombie & Fitch (ANF0.00%), has been arrested on sex trafficking charges, according to a new report.

NBC News reports that Jeffries was arrested in West Palm Beach, Florida, on charges brought by the U.S. Attorney for the Eastern District of New York. Jeffries, who ran the clothing brand from 1992 to 2014, is also facing interstate prostitution charges.

Jeffries has yet to comment publicly. He was arrested along with two associates, NBC reports, Matthew Smith of West Palm Beach and James Jacobson of Wisconsin.

This is a developing story and will be updated.

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