Backpage CEO Pleads Guilty and the Website Will Be Permanently Shut Down
The chief operating officer of Backpage , a classified ads internet site , pleaded guilty on Thursday to confederacy , money laundering , and alleviate prostitution . Carl Ferrer will faceup to five years in prison house . His plea agreement requires that he for good shut the internet site down immediately , concord to a statement from the Justice Department , as well declare oneself “ proficient help ” to the US government to effectively do so ....