Abercrombie and Fitch Fiasco

The owners of Abercrombie and Fitch have been arrested on Charges of Sex Trafficking and exploitation.

Mike Jeffries, the former CEO of Abercrombie & Fitch, has been arrested on sex trafficking and interstate prostitution charges, prosecutors announced Tuesday.

Jeffries was arrested in West Palm Beach, Florida. Two associates, Matthew Smith of West Palm Beach and James Jacobson of Wisconsin, were also arrested in connection with sex trafficking charges.

Jeffries and Smith made their initial court appearance in West Palm Beach on Tuesday afternoon.

Jeffries, who was the controversial CEO of the popular clothing brand from 1992 to 2014, was released on $10 million bond later in the day. U.S. Magistrate Judge Bruce E. Reinhart ordered that he be confined to home detention with GPS monitoring and that he could not travel without approval and must surrender his passport.