Marc Jacobs Pays $1M Fine for Bribing State Official

In February of this year, State Attorney General Andrew Cuomo crashed Fashion Week and announced an indictment against the former superintendent of the 26th Street Armory who solicited bribes from designer Marc Jacobs. Now TMZ reports that Cuomo has brought his wrath upon Jacobs himself, you know, "for bribing a State official so he could get a desirable venue for his fashion show." Marc Jacobs International has now admitted their guilt and agreed to pay a $1 million fine. The Observer points out that a company spokesperson noted they are “pleased that this matter has been resolved. We have already taken and will continue to take steps to avoid incidents of this nature in the future.” Looks like the designer will have to come up with a thrifty idea for his next showing!

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By Jen Carlson in News on November 19, 2008 3:37 PM

Comments [rss]

Scottilla

None of you seem to notice, the criminal charge was against the superintendent of the armory for soliciting a bribe, not against the designer.

The problem here is that the armory was available, as evidenced by the fact that the shows actually took place, but the bureaucracy involved with renting the space was so byzantine that it was easier just to pay the bribe and get it over with.

tingo

Maybe he should be made to hang a big political window display protesting how bad and evil bribes are.

FelixtheCat & Christine Quinn'

what about jail?? Bribing is a serious offense. Different rules for the rich, huh?

ChesterKatz

So the penalty for paying a bribe to a state official is just paying more money? Good to know.

Snoopy

Any mention of what form the bribe took? Never mind I think I know.

Nyctini11

Hey Marc, next year instead of bribing an official can you make it someone from the MTA then maybe your Million will actually benefit those of us who have to deal with the real grief and congestion from the fashion shows. Thanks!

Brainwash

$1 million is lunch money to Marc Jacobs. The guy's the creative director for Louis Vuitton, for Guccisakes.

jterry121

By next year, Marc Jacobs will be homeless on 5th Ave giving out blowjobs for $5 a pop. People cant afford a ham sandwhich let alone this douchebags overpriced crap.

abcohen

if they pay 1 million dollars each year they could make that the rental payment for some pretty nice buildings on 5th Ave...

or if they really wanted to celebrate with the buyers correctly use a million dollars as door prizes...

or purchase pounds and pounds of coke and make that the door prize... either way tons of better ways to use a million dollars in the fashion business, then paying a fine.