The site was used by 'hundreds of thousands' of people to buy and sell illegal goods and services, such as drugs, stolen IDs, malware and other hacking tools.
Backpage, the second-largest U.S. online classified ad service after Craigslist, has faced scrutiny from the U.S. Senate as well as civil lawsuits over allegations that the site facilitates sex trafficking, especially of children.
Alleged criminal who posted a Facebook video bragging about a $500,000 jewelry haul has landed himself and one of his accomplices in jail, police said on Thursday.
Judge Barbara Houser ruled that there was 'clear and convincing evidence' Sam Wyly committed tax fraud, rejecting his arguments that he relied on professional advisers to vet the offshore system.
The Customer Due Diligence rule, in the works since 2012, and the proposed legislation are meant to hinder criminals from using shell companies to hide ownership and launder money, finance terror, and commit other threats to the global financial system.
Violence and robberies occur in cabs, too, but the personal aspect of the sharing economy makes these occurrences even more unsettling when Uber drivers are involved.