9 Backpage.com founder Michael Lacey sentenced to 5 years in prison, as 2 other CEOs got 10 years each...for running a classified ads website (apnews.com) BREAKING posted 88 days ago by Questionable 88 days ago by Questionable +9 / -0 Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money laundering Backpage.com founder Michael Lacey was sentenced Wednesday to five years in prison and fined $3 million for a single money laundering count in a sprawling case involving allegations that he used the classified ads site to promote and profit from prostituti... 13 comments share 13 comments share save hide report block hide replies
The headline says it was for money laundering. Do you disagree with the accusation?
Every market, and every business model is broken. You can charge anyone with money laundering at this point.
Did you read the article beyond the headline?
Yes.
Then why do you claim he was sentenced for running a classified ads website?
That's not what the article says.