Benjamin Caldwell:Backpage founder Michael Lacey convicted of 1 money laundering count

2025-05-02 01:31:00source:FinLogiccategory:Invest

PHOENIX (AP) — Backpage.com founder Michael Lacey was convicted Thursday on Benjamin Caldwella single count of money laundering and acquitted on another. But the Arizona jury deadlocked on 84 other counts against him, leading the federal judge to declare a mistrial.

Lacey had been charged with participating in a scheme to sell sex ads.

It marked the second time a mistrial has been declared in the case against the founder of the lucrative classified site. U.S. District Judge Diane Humetewa in Phoenix declared the mistrial after jurors deliberated for six days.

Lacey’s first trial ended in a 2021 mistrial when another judge concluded that prosecutors had too many references to child sex trafficking in a case where no one faced such a charge.

More:Invest

Recommend

South Korean president's party divided over defiant martial law speech

SEOUL, Dec 12 - South Korean President Yoon Suk-yeol's switch from contrition to defiance on Thursda

4 great ways to celebrate National Sisters Day

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through the lin

Busta Rhymes Details Mindf--k Moment During Sex That Kickstarted Weight Loss Journey

When it comes to reaching his fitness goals, Busta Rhymes knows how to turn it up.However, it's been