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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani's pied-à-terre tax was designed to hit the wealthy, but it's sending most New Yorkers to their estate lawyers
RetailSubway

Ex-Subway pitchman Jared Fogle to plead guilty to allegations of sex with minors

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Jonathan Chew
Jonathan Chew
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Jonathan Chew
Jonathan Chew
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August 19, 2015, 11:02 AM ET
Jared Fogle Launches "Fight The Fat" Campaign
Jared Fogle, ex-Subway pitchman, will plead guilty to charges of having sex with minors and distributing child pornography in court today.Photograph by David Lodge—FilmMagic/Getty Images
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Former Subway spokesman Jared Fogle has agreed to plead guilty to allegations that he paid for sex acts with minors and received child pornography, according to the Associated Press.

Fogle will pay $1.4 million in restitution to 14 minor victims, who will each receive $100,000 as part of a plea agreement, according to court documents from federal prosecutors cited by the AP, and he will be required to register as a sex offender and will seek treatment for sexual disorders.

Prosecutors have reportedly agreed to seek a sentence no greater than 12½ years, while Fogle agreed not to seek a sentence of less than five years, the AP noted.

The documents reportedly say Fogle travelled to New York for sex with at least two minors between about 2010 and 2013, and also emphasized that Fogle asked one of the minor victims “repeatedly … to provide him with access to minors as young as 14 years” for sex.

The documents also allege that on “multiple occasions” between about 2011 and 2015, Fogle received child pornography from Russell C. Taylor, the former executive director of his charity, The Jared Foundation, the AP said.

Earlier this week, Subway cut ties with Fogle for good.

Fogle was set to appear before federal magistrate judge Mark Dinsmore at 11 a.m. in Indianapolis. The U.S. attorney’s office has scheduled a news conference for 12:30 p.m. to discuss the case.

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