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Backpage co-founder sentenced to five years in prison
Michael Lacey, a founder of the defunct classified site Backpage.com, received a five-year prison sentence on Wednesday and was fined $3 million. Lacey was found guilty of money laundering last year in a sweeping case that alleged Backpage executives promoted and profited from prostitution. Lacey was convicted on a single count of international concealment money laundering in November 2023 but…
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