Tag: Kenneth Cole


New York ‘s high fashion scene hit by fraud case: Report

The brother of luxe-but-affordable fashion retailer Kenneth Cole has a problem on his hands. According to the New York Post, Neil Cole has been charged with obstruction and 1 count of felony fraud. Cole's charges date clear back to 2013-2014 during his time at Iconix. It is being alleged that he "cooked the books" to beat investors and retailers out of money so he could pump up his income -- but had no intention of ever repaying anybody in full amounts. He is facing up to 20 years in prison if convicted.
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