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Backpage CEO arrested, warrants out for two shareholders

Earlier today, Backpage CEO Carl Ferrer was arrested on prostitution and child prostitution charges after departing a flight from Amsterdam at Houston’s Bush Intercontinental Airport. The warrant, out of the state of California, alleges that 99% of Baclkpage’s revenue comes from the money it makes off of prostitution ads. Along with Ferrer’s arrest, the offices of Backpage in Dallas were also raided and arrest warrants have been issued for Backpage shareholders Michael Lacey and James Larkin.
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