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Financiers and Sex Trafficking

April 10, 2012 | by Social Media

By: Nicholas D. Kristof
The New York Times
March 31, 2012

Backpage.com seems to be the biggest forum for domestic minor sex trafficking. The website is owned by Village Voice Media, and the ultimate owners include private equity financiers, including Goldman Sachs. According to AIM Group, a trade organization, Backpage.com has 70 percent of the market for prostitution ads. Although some effort has been made by Village Voice Media to screen ads and alert authorities to abuses, much more needs to be done. Read the full story.