Hearing set for founder in case over sex ads

Posted at 1:35 PM, Apr 12, 2018
and last updated 2018-04-12 14:35:49-04

(AP) – A hearing is scheduled Thursday over whether a founder of the classified advertising site should be released from jail on charges of facilitating prostitution and money laundering.
The hearing for James Larkin comes a day after a similar hearing began for the site’s co-founder, Michael Lacey. Lacey’s hearing will resume Friday. is accused of publishing advertisements for sexual services and declining to adequately confront the problem.
The site’s founders have remained in jail after their arrests last week.
Authorities say knowingly published ads for sexual services.
Lacey, Larkin and other employees have pleaded not guilty to the charges. is a Dutch-owned company incorporated in Delaware, but its principal place of business is in Dallas.
Officials say keeps its bank accounts and servers in Arizona.