...The Franklin child prostitution ring allegations were a series of allegations and legal actions surrounding an alleged child sex ring serving high-level U.S. politicians. The scandal centered around the actions of Lawrence E. King, a prominent member of the Republican Party[1][2]and former official at the Franklin Community Federal Credit Union in Omaha, Nebraska. King was eventually arrested and convicted of embezzlement charges.
The allegations were investigated by a special Nebraska state legislative committee and the FBI. A 1990 grand jury report concluded the allegations amounted to a "carefully crafted hoax," although the alleged perpetrators of said hoax were never officially identified. Allegations of a coverup, including claims of a connection between the Franklin case and a Washington, D.C. male prostitution ring, have circulated since.
King eventually served 10 years of a 15-year prison sentence for embezzlement and fraud. He was later served with a $1M default judgment after he failed to appear in court to respond to civil charges of kidnapping and child abuse.
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