Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
I thought it was normal to come home from vacation feeling worse. Then I changed how I travel.

I thought it was normal to come home from vacation feeling worse. Then I changed how I travel.

May 6, 2026
Kim Kardashian’s Met Gala looks, ranked from least to most iconic

Kim Kardashian’s Met Gala looks, ranked from least to most iconic

May 5, 2026
Billionaire Ken Griffin: Zohran Mamdani’s tax-the-rich video outside my apartment was ‘creepy and weird’

Billionaire Ken Griffin: Zohran Mamdani’s tax-the-rich video outside my apartment was ‘creepy and weird’

May 5, 2026
Google is building an AI agent that could be its answer to OpenClaw

Google is building an AI agent that could be its answer to OpenClaw

May 5, 2026
OpenAI loses its head of private equity to Google

OpenAI loses its head of private equity to Google

May 5, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
May 6, 2026 1:25 am EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » Abercrombie & Fitch ex-CEO has dementia and could ‘blurt out’ during sex trafficking trial, defense to argue this week
Abercrombie & Fitch ex-CEO has dementia and could ‘blurt out’ during sex trafficking trial, defense to argue this week
Finance

Abercrombie & Fitch ex-CEO has dementia and could ‘blurt out’ during sex trafficking trial, defense to argue this week

News RoomBy News RoomMarch 23, 20262 ViewsNo Comments

As CEO of Abercrombie & Fitch some 20 years ago, Michael Jeffries helmed an international retail giant whose advertising was steeped in racy images of beachside adventure and shirtless young men.

On Tuesday, Jeffries, 81, must appear in a Long Island courtroom for a sex trafficking case that alleges he used his power and wealth to abuse dozens of aspiring male models.

Jeffries’ lawyers are set to argue during three days of hearings this week that their client, now 81, is mentally incompetent to be tried on those charges.

The ex-CEO, who pleaded not guilty to the charges in 2024, has Alzheimer’s and Lewy body dementia, a neurodegenerative disease, his lawyers say. Jeffries also suffers continuing effects from a traumatic brain injury, they say; three defense experts are poised to testify.

Should he be required to stand trial — jury selection is scheduled to start October 26 — Jeffries would not understand the proceedings or be able to assist in his defense, his lawyers have said.

Every time Laura publishes a story, you’ll get an alert straight to your inbox!

Stay connected to Laura and get more of their work as it publishes.

His dementia may even disrupt the trial, they argue.

Jeffries is prone to memory lapses and “inappropriate behavior” that could spill over into the courtroom, his lawyers warned in a court filing last year.

“He may blurt out self-incriminating statements or engage in erratic behavior, which would undermine his credibility and risk prejudicing the judge or jury against him,” they wrote.

Prosecutors counter that Jeffries’s condition has improved after more than four months of mental health treatment and evaluation at a federal correctional institution in Butner, North Carolina.

They plan to present testimony from three experts during the three-day hearing to prove he is now competent to stand trial.

They may also present some of more than 100 audio recordings of phone calls between Jeffries and his romantic partner, Matthew Smith — a co-defendant in the case — from Jeffries’ time at Butner.

Prosecutors allege that Jeffries, Smith, and their employee, co-defendant James Jacobson, ran an international sex trafficking and prostitution business that targeted men who were young, financially insolvent, and eager to become models for the top brand.

The alleged victims were abused between 2008 and 2015 in a series of attacks at drug-fueled “sex events” across the US and at luxury hotels in Europe, Morocco, and Saint Barthelemy, according to a 2024 indictment.

Smith and Jacobson have also pleaded not guilty to the charges. All three are currently free on bail.

Jeffries earned “tens of millions of dollars per year” at the height of his career, prior to his retirement in 2014, according to prosecutors. He has posted $10 million bail.

Prosecutors have seized more than $11 million in cash from a trust fund controlled by Jeffries, according to court records.

All three defendants face a mandatory minimum 15-year sentence and as much as life in prison if convicted.

If you are a survivor of sexual assault, you can call the National Sexual Assault Hotline (1-800-656-4673) or visit its website to receive confidential support.



Read the full article here

Abercrombie argue blurt defense dementia ExCEO Fitch sex trafficking trial Week
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Google is building an AI agent that could be its answer to OpenClaw

Google is building an AI agent that could be its answer to OpenClaw

The most layoff-prone job in tech right now

The most layoff-prone job in tech right now

GameStop CEO Ryan Cohen is all smiles in first televised interview since bizarre CNBC appearance

GameStop CEO Ryan Cohen is all smiles in first televised interview since bizarre CNBC appearance

Kevin O’Leary says opponents of his Utah data center are ‘professional protesters’ — and some are powered by AI

Kevin O’Leary says opponents of his Utah data center are ‘professional protesters’ — and some are powered by AI

Pentagon leaders got an unusual question about Iran and ‘kamikaze dolphins.’ Here’s how the US military uses these animals.

Pentagon leaders got an unusual question about Iran and ‘kamikaze dolphins.’ Here’s how the US military uses these animals.

BlackRock’s Larry Fink hints at a coming partnership with a hyperscaler

BlackRock’s Larry Fink hints at a coming partnership with a hyperscaler

All the outfits worn by the Kardashian-Jenner family at the Met Gala, ranked

All the outfits worn by the Kardashian-Jenner family at the Met Gala, ranked

Blake Lively’s surprise Met Gala appearance was the perfect post-Baldoni comeback, PR expert says

Blake Lively’s surprise Met Gala appearance was the perfect post-Baldoni comeback, PR expert says

My husband and I paid for our own college degrees. We told our 3 kids they have to do the same.

My husband and I paid for our own college degrees. We told our 3 kids they have to do the same.

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Kim Kardashian’s Met Gala looks, ranked from least to most iconic

Kim Kardashian’s Met Gala looks, ranked from least to most iconic

May 5, 2026
Billionaire Ken Griffin: Zohran Mamdani’s tax-the-rich video outside my apartment was ‘creepy and weird’

Billionaire Ken Griffin: Zohran Mamdani’s tax-the-rich video outside my apartment was ‘creepy and weird’

May 5, 2026
Google is building an AI agent that could be its answer to OpenClaw

Google is building an AI agent that could be its answer to OpenClaw

May 5, 2026
OpenAI loses its head of private equity to Google

OpenAI loses its head of private equity to Google

May 5, 2026
The most layoff-prone job in tech right now

The most layoff-prone job in tech right now

May 5, 2026

Latest News

The 7 biggest revelations from Greg Brockman’s second day of testimony in the OpenAI showdown

The 7 biggest revelations from Greg Brockman’s second day of testimony in the OpenAI showdown

May 5, 2026
GameStop CEO Ryan Cohen is all smiles in first televised interview since bizarre CNBC appearance

GameStop CEO Ryan Cohen is all smiles in first televised interview since bizarre CNBC appearance

May 5, 2026
3 AI execs on why tiny teams work, and where they could fall apart

3 AI execs on why tiny teams work, and where they could fall apart

May 5, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.