Backpage.com co-founder released from jail on a $1M bond

phys.org | 4/17/2018 | Staff
vpp1219 (Posted by) Level 3
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A co-founder of the classified advertising site Backpage.com who has been jailed for the last 10 days on charges of facilitating prostitution was released on a $1 million bond Monday as he awaits trial.

At a brief hearing at a federal courthouse in Phoenix, James Larkin was ordered by Magistrate Judge John Boyle to put up two properties as surety on the bond.

Larkin - Monitoring - Device

Larkin also was ordered to wear an electronic monitoring device.

Larkin, co-founder Michael Lacey and five Backpage.com employees were arrested earlier this month on federal charges.

Larkin - Custody - Lacey - Friday - Bond

Larkin was the last of the seven to be released from custody. Lacey was released on Friday after posting a $1 million bond.

An indictment alleges Backpage.com ignored warnings to stop running advertisements promoting prostitution, sometimes involving children, because the site has brought in $500 million on prostitution-related revenues since its inception in 2004.

Authorities - Backpage - Com - Ads

Authorities say Backpage.com portrays itself as trying to prevent such ads,...
(Excerpt) Read more at: phys.org
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