Overview
- Michael Lacey was fined $3 million and will serve five years in prison, with three years of supervised release.
- Two other executives, Scott Spear and John Brunst, received ten-year sentences for their involvement.
- Backpage generated over $500 million in revenue from ads promoting prostitution before its 2018 shutdown.
- Lacey and his co-defendants laundered proceeds through shell companies in multiple countries.
- The defendants plan to appeal their convictions, claiming insufficient involvement in day-to-day operations.