Marc Jacobs Co. Pays $1 Million In Bribery Case
Marc Jacobs Co. Pays $1 Million in Bribery Case
The New York State Attorney General has nailed designer Marc Jacobs for allegedly bribing a State official so he could get a desirable venue for his fashion show.
A.G. Andrew Cuomo says Jacobs's company, Marc Jacobs International, has agreed to pay a $1 million fine.
According to docs, Jacobs wanted the 69th Regiment Armory, run by the State. The A.G. claims James Jackson, the former Superintendent of the 69th Regiment Armory, demanded bribes from Jacobs and others over an eight-year period to use the Armory.