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Backpage founder convicted of 1 count of money laundering

Michael Lacey, a founder of the lucrative classified site Backpage.com, was convicted Thursday on a single count of money laundering and acquitted on another. But an Arizona jury deadlocked on 84 other counts against him in a case that alleged he participated in a scheme to sell sex ads, leading the judge to declare a mistrial. ....

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Backpage Founder Michael Lacey Convicted of Money Laundering

Backpage.com via ReutersBackpage.com co-founder Michael Lacey was found guilty Thursday of one count of money laundering and acquitted on another. The jury in Arizona remained deadlocked, however, on 84 more counts in the case alleging that Lacey took part in a scheme to sell sex ads through the classified site. U.S. District Judge Diane Humetewa in Phoenix declared a mistrial after jurors deliberated for six days. A first trial against Lacey, 75, in 2021 similarly ended in a mistrial. Two other ....

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