Child-porn industry using web-based system to move funds

Posted by Kendall Harmon

Authorities are banding together ever more closely with the financial sector and Internet providers in hopes of disrupting the multibillion-dollar global child-pornography trade.

These concerted efforts come as the child-porn industry has shifted in the last five years to a more anonymous, web-based system for moving funds, according to law-enforcement officials, technology specialists and money-laundering experts.

To root out the companies that supply an estimated $20 billion annual global child-porn market, the Financial Coalition Against Child Pornography -- comprised of Internet service providers, financial heavyweights and technology companies -- is working closely with law-enforcement agencies in the United States and around the world.

Read it all.

Filed under: * Culture-WatchBlogging & the InternetChildrenPornography* Economics, PoliticsEconomyCorporations/Corporate Life

Posted June 14, 2010 at 1:11 pm

To comment on this article: Go to Article View

The URL for this article is

© 2014 Kendall S. Harmon. All rights reserved.

For original material from Titusonenine (such as articles and commentary by Dr. Harmon) permission to copy and distribute free of charge is granted, provided this notice, the logo, and the web site address are visible on all copies. For permission for use in for-profit publications, please email KSHarmon[at]mindspring[dot]com

<< Back to main page

<< Return to Mobile view (headlines)