Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money laundering.
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 Wednesday 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.
Authorities say Backpage employees would identify prostitutes through Google searches, then call and offer them a free ad. The site also is accused of having a business arrangement in which it would place ads on another site that lets customers post reviews of their experiences with prostitutes.
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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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Backpage founders charged with money laundering and aiding prostitutionMichael Lacey, James Larkin, and five other people involved with Backpage.com have been charged with money laundering and facilitating prostitution.
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