13 APR

Backpage CEO pleads guilty to conspiracy, money laundering

Carl Ferrer, the co-founder of Backpage, the notorious and now-shuttered site that once hosted a vast quantity of prostitution-related ads, has pleaded guilty to conspiracy and money laundering charges.

The CEO, in a federal plea agreement unsealed in federal court in Arizona on Thursday, admitted that during the 14 years of the site’s existence, “the great majority” of Backpage’s allegedly hundreds of millions of dollars in revenue came from placing illegal ads for prostitution.

The deal was made public just three days after Backpage was seized, and seven men allegedly involved in creating and operating Backpage were indicted on prostitution and money laundering charges. Ferrer’s name did not appear in that indictment.

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.