Feds trying to seize the house that trafficking built
Federal authorities are attempting to seize additional assets from Backpage founders Jim Larkin and Michael Lacey. The Department of Justice is seeking the permanent forfeiture of more than $100 million. So far, the DOJ has seized $97 million in assets that included money from bank accounts all over the world including those in the Czech Republic and the Netherlands. The DOJ alleges that the Backpage founders used various shell corporations to try to obfuscate their ownership of Backpage.
One of the major assets the DOJ is trying to seize is a property valued at around $3 million owned by Jim Larkin’s wife. The Property in the Napa Valley area of California is believed to have been repaired and maintained with money that Larkin allegedly made through Backpage’s advertisements for illegal prostitution and trafficking which resulted in money laundering. This is in addition to properties that Larkin has owned in Arizona and Chicago.
Think about this for a moment. While Larkin was living up in the lap of luxury in California wine country, countless women and girls were being housed in motel room closets or worse by their pimps and traffickers. Many of these victims had to endure endless amounts of violence and physical abuse perpetrated against them by their captors would advertise these victims for sale on Backpage while Jim Larkin was defending Backpage’s ‘right’ to free speech. If Larkin was any more of a villain he would have lit a cigar with a $100 bill right in front of reporters. So, in my opinion, it’s no small amount of justice that Larkin could be facing a fate where he is possibly housed in a room no bigger than that of a cheap motel room. It’s where he belongs.
Discover more from Greg's Corner
Subscribe to get the latest posts sent to your email.
Leave a Reply