Michael 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.
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 money laundering count in a sprawling case involving allegations of a yearslong scheme to promote and profit from prostitution through classified ads. 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. U.S.
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.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.com founder Michael Lacey sentenced to 5 years in prison for money launderingPHOENIX (AP) — Michael Lacey, a founder of the lucrative classified site Backpage.com, was sentenced Wednesday to five years in prison for a single money
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