Fashion Mogul Peter Nygard has been arrested in Canada
Earlier this year U.S. federal authorities raided his Manhattan headquarters amid claims he trafficked and sexually assaulted dozens of teenage girls and women
Peter J. Nygård (Pekka Juhani Nygård); born July 24, 1941 is a Finnish-Canadian former fashion executive. He founded Nygård International, a company that makes women's apparel, in 1967.
He resigned as chairman in February 2020 after FBI raided company headquarters in its investigation of sex trafficking accusations against him by multiple women.
Nygård was arrested on sex trafficking and racketeering charges in December of the same year.
He was rated the 70th richest Canadian by Canadian Business Magazine in 2009 with a net worth of $817 million.
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