RentBoy.com CEO to Strke Plea Deal in Prostitution, Money Laundering Charges

It's been nearly a year since federal agents raided the Manhattan offices of the now defunct Rentboy.com and it looks as though Jeffrey Hurant, CEO of the mega gay escort website, may be finally close to striking a deal with prosecutors.

According to the New York Post, Hurant and Rentboy.com's parent company Easy Rent Systems are in the trail end "finalizing the details for a plea deal for the charges of prostitution and money laundry."

At its hey day, RentBoy.com was the world's largest gay-prostitution website and raked in $10 million between 2010 and 2015.

RentBoy.com's problems began a year ago when federal agents raided their offices in Manhattan and carried out boxes of documents and computer servers. Authorities said millions of dollars were seized and that the businesses' bank accounts were frozen. Additionally, the Department of Homeland Security got involved with the raid because RentBoy.com operated out of numerous cities worldwide.

Hurant, 51, was arrested with six other employees in the August 2015 raid. Charges were dropped on the six employees in February 2016.