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Fashion mogul Peter Nygard indicted on sex trafficking, racketeering charges

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Businessman Peter Nygard arrives at Norby Walters’ 26th Annual Night Of 100 Stars Oscar Viewing at The Beverly Hilton Hotel on February 28, 2016 in Beverly Hills, California.

Mintaha Neslihan | Anadolu Agency | Getty Images

Federal prosecutors in New York have charged Canadian fashion mogul Peter Nygard in connection with an investigation into allegations he trafficked and sexually assaulted dozens of girls and women for years.

The nine-count indictment out of the Southern District of New York also charges the 79-year-old Nygard with racketeering and other crimes. He was taken into custody in Canada Monday night, according to press reports in that country.

U.S. federal authorities raided…



Source cnbc.com

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