Former Abercrombie CEO's partner pleads not guilty to sex trafficking charges, is freed on bond

Mike Jeffries News

Former Abercrombie CEO's partner pleads not guilty to sex trafficking charges, is freed on bond
Matthew SmithBusinessU.S. News
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The partner of former Abercrombie & Fitch CEO Mike Jeffries who was indicted on sex trafficking charges along with Jeffries and another man has been released on $10 million bond.

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Matthew Smith, center, wearing an ankle monitor, leaves a federal courthouse in Central Islip, N.Y., Tuesday, Dec. 3, 2024. Matthew Smith leaves a federal courthouse in Central Islip, N.Y., Tuesday, Dec. 3, 2024. Smith, 61, pleaded not guilty to sex trafficking and prostitution charges in a federal court on New York's Long Island.along with Jeffries and a third man, James Jacobson, on charges of luring men into drug-fueled sex parties by dangling the promise of modeling jobs with the trend-setting retailer.

Under the terms of the bail agreement, Smith will turn over his passport and he and Jeffries will be limited to $125,000 in monthly withdrawals from a trust set up for their benefit.

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