The CEO of the classified advertising site Back. The site, similar to Craigslist, is known for its "adult" section, which features escort and stripper advertisements. It generates millions of dollars annually from the classified sexaccording to the office of Attorney General Ken Paxton. Ferrer was arrested on California felony charges of pimping a minor, pimping and conspiracy to commit pimping, according to a press release from the California Attorney General's office.
Michael Lacey and James Larkin, who launched Back in according to the arrest warrant affadavit, were also charged with conspiracy to commit pimping, a felony. The warrantissued by California officials, alleges that Ferrer, Lacey and Larkin received earnings from prostitution through the Back site.
It also alleged Ferrer devised a way to promote Back by creating other prostitution-related sites. Paxton announced the arrest of Ferrer, 55, saying Texas and California attorneys general uncovered evidence that adult and child sex trafficking victims were forced into prostitution through the escort on the site. The Netherlands company has offices in Dallas.
Back's internal revenue reports show that between January and March99 percent of Back's income was attributed to the "adult" section, according to the California press release. Perhaps it goes without saying — but producing quality journalism isn't cheap.
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