Backpage.com CEO pleads guilty to facilitating prostitution, agrees to testify for the prosecution

On Thursday, a federal judge in Arizona unsealed an April 5 plea agreement in which Backpage.com CEO Carl Ferrer admits to charges of facilitating prostitution and money laundering, and Ferrer also pleaded guilty to California state charges of conspiracy and money laundering. As part of the plea deals, Ferrer agreed to testify against former colleagues at Backpage, which the FBI seized and shut down on April 6, calling it a lucrative nationwide "online brothel." Also Thursday, Texas...

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