Authorities say the site generated $500 million in prostitution-related revenue from its inception in 2004 until it was shut down by the government in 2018.
Michael Lacey, a founder of the lucrative classified site Backpage .com, was sentenced Wednesday to five years in prison and fined $3 million for a single A jury convicted Lacey, 76, of a single count of international concealment money laundering last year, but deadlocked on 84 other prostitution facilitation and money laundering charges.
Two other Backpage executives, chief financial officer John Brunst and executive vice president Scott Spear, also were convicted last year and were each sentenced on Wednesday to 10 years in prison.Authorities say the site generated $500 million in prostitution-related revenue from its inception in 2004 until it was shut down by the government in 2018.
The site’s marketing director has already pleaded guilty to conspiring to facilitate prostitution and acknowledged that he participated in a scheme to give free ads to prostitutes to win over their business. Additionally, the CEO of the company when the government shut the site down, Two other Backpage employees were acquitted of charges by a jury at the same 2023 trial where Lacey, Brunst and Spear were convicted of some counts.
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Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money launderingMichael Lacey, a founder of the lucrative classified site Backpage.com, was sentenced to five years in prison and fined $3 million for a single money laundering count in a sprawling case involving allegations of a yearslong scheme to promote and profit from prostitution through classified ads.
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Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money launderingBackpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money laundering.
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Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money launderingBackpage.
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Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money launderingBackpage.
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Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money launderingBackpage.
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Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money launderingBackpage.com founder Michael Lacey has been sentenced to five years in prison and fined $3 million for a money laundering conviction in a sprawling case involving allegations that he used the classified ads site to promote and profit from prostitution.
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