Backpage.com CEO pleads guilty to California money charges

SACRAMENTO, Calif. (AP) " The chief executive of a website that authorities have dubbed an "online brothel" is pleading guilty to California money-laundering charges and agreeing to cooperate in prosecuting the site's creators.Carl Ferrer will serve no more than five years in state prison under the plea agreement announced Thursday.He's pleading guilty to one count of conspiracy and three counts of money laundering. He's also agreeing to cooperate in the ongoing prosecution of [...]


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