Michael Lacey, a founder of the classified site Backpage.com, was sentenced to five years in prison and fined $3 million in a money laundering case in a case involving allegations of sex trafficking.
Former Backpage.com owner Michael Lacey attends a Senate committee on Jan. 10, 2017, on Capitol Hill in Washington.
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.Lacey’s lawyers say their client was focused on running an alternative newspaper chain and wasn’t involved in day-to-day operations of Backpage. Yvonne Ambrose, whose 16-year-old daughter Desiree Robinson was trafficked in Chicago on Backpage and killed in 2016 by a man who answered an online sex ad, told the judge on Tuesday about the pain she feels from her daughter’s death.Prosecutors said Lacey used cryptocurrency and wired money to foreign bank accounts to launder revenues earned from the site’s ad sales after banks raised concerns that they were being used for illegal purposes.
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 founder Michael Lacey sentenced to 5 years in prison for money launderingMichael Lacey, a founder of the classified site Backpage.com, was sentenced to five years in prison and fined $3 million in a money laundering case in a case involving allegations of sex trafficking.
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Backpage.com founder Michael Lacey sentenced to 5 years, fined $3M in prostitution caseAuthorities 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.
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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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