Former Abercrombie & Fitch CEO Michael Jeffries faces competency hearing amid dementia concerns.

Former Abercrombie & Fitch CEO Michael Jeffries, 80, faces a competency hearing due to concerns he may have dementia, including Alzheimer's and Lewy body dementia. Prosecutors allege that Jeffries, along with others, lured men into drug-fueled sex parties by offering modeling opportunities. Jeffries pleaded not guilty to federal sex trafficking and interstate prostitution charges and is free on a $10 million bond. A hearing in June will determine if he can effectively assist in his defense.