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 was acquitted of 50 other charges related to prostitution facilitation and money laundering due to…
