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Backpage Founder Dies By Suicide Days Before Trial
Jim Larkin was scheduled to stand trial for charges of money laundering and facilitating prostitution next week.
www.thedailybeast.com
Jim Larkin, the co-founder of the Phoenix New Times and the infamous classified ads site Backpage.com, died by suicide this week, just days ahead of his federal trial.
Larkin, 74, was found dead of a gunshot Monday about an hour outside of his home in Paradise Valley, Arizona, local police told the New Times. The authorities said foul play was not suspected
Larkin was set to stand trial starting next week on charges related to his ownership of Backpage, a classified advertising website that hosted a large number of ads for prostitution.
The trial of the other Backpage executives will continue as scheduled, U.S. District Judge Diane Humetewa said. The parties were scheduled to meet Friday to discuss dismissing the indictment against Larkin.