Backpage.com founder Michael Lacey sentenced to 5 years in prison, fined $3M for money laundering

PHOENIX (AP) -- 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. Read More