News Summary

• The probe comes after a BBC podcast series and documentary alleged in October last year that Mike Jeffries and Matthew Smith exploited young adult men for sex at events they hosted in London, New York, and Marrakesh..
• Eight men told the BBC they attended these events, some of whom alleged they were exploited or abused..
• "PromotedListen to the latest songs, only on JioSaavn.comMr Jeffries, who led A&F's global expansion for two decades, stepped down as CEO in 2014.Track Latest News Live on NDTV.com and get news updates from India and around the world..
• FBI agents specialising in alleged sex crimes, and federal prosecutors from the Eastern District of New York are leading the investigation, sources told BBC..
• Abercrombie & Fitch in a statement in October said, "For close to a decade, a new executive leadership team and refreshed board of directors have successfully transformed our brands and culture into the values-driven organization we are today..
• A civil lawsuit against Mr Jeffries and his partner Matthew Smith also claimed that they operated a sex-trafficking business, BBC reported..