Home > News > ASACP Plays Role In CC Indictment • Bookmark   • Newsletters   • Register Search Options

NEWS STORY

ASACP Plays Role In CC Indictment

Get XBIZ News
XBIZ Research
Will virtual reality boost the paysite market?
Yes, it will soon
  39.66%
Yes, but in a few years
  36.87%
No
  23.46%
Out of 179 votes. Results based on votes submitted by members of XBIZ.net social network.
Jan 16, 2004 12:00 AM PST    Text size: 
NEWARK, New Jersey – The federal government cracked down on a child porn ring this week that involved arrests spanning from Belarus, France, Spain, and New Jersey.

After following the money trail of child porn distributors and producers, the feds discovered the role two major credit card companies were playing as child porn money launderers, the Associated Press (AP) reported.

Attorney General Ashcroft said in a statement: "Today's indictment strikes at the heart of the commercial trade of child pornography by attacking the commercial profits derived from such a deplorable venture."

Several of the principal executives at Regpay Co. Ltd. and Connections USA were indicted for processing paid memberships to dozens of child porn websites, said the AP.

Formerly known as Trustbill, Regpay is based in Belarus and ran child porn website Pedoworld, while also serving as the credit card processing company.

Credit card processor Connections of Fort Lauderdale did business as Iserve and openly advertised child porn websites, authorities reported. The two companies were allegedly raking in millions in subscription fees.

According to Joan Irvine, executive director for Adult Site Against Child Pornography (ASCAP), Regpay has been on ASACP's radar for quite some time as being a major player in child porn rings.

ASACP has been tracking the activities of Pedoworld since 2000 and has identified Regpay as a child porn billing source in reports sent to the FBI.

"In fact, we alerted the FBI to how Pedoworld was using a hotmail address to obtain customers and direct them to payment methods," she told XBiz.

ASACP can be credited with supplying the FBI with the customer service contact information, the URL of the contact page, and the exact billing link.

Additionally, ASACP has recently identified another billing company that has taken up the slack since Regpay has been put out of business. According to Irvine, that information has been passed along to the FBI.

The first round of indictments in the credit card porn scam began over the summer in France and Spain.

The AP reports that the feds are working on extraditing credit card executives from Europe to the U.S. for trial.

In addition to the credit card launderers, the feds also rounded up nearly 40 pedophiles in New Jersey and nationwide based on information obtained from the two credit card companies. Warrants were issued for dozens of people's computers.

Among those indicted were a teacher, a minister, and a doctor.

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !

PROFILES & BIOS

Evil Angel Chief Adam Grayson Champions Brand Evolution

Evil Angel is hardcore. More than a quarter-century after John Stagliano revolutionized adult filmmaking with his unique brand of gonzo titles and a lucrative director-as-producer business model, CFO Adam... More »

WIA Profile: Lupe Martinez

Each month, industry news media organization XBIZ spotlights the career accomplishments and outstanding contributions of Women in Adult. WIA profiles offer an intimate look at the professional lives of... More »

Jose Sanz Weaves a Profitable Tapestry at FreeWebCams

Navigating the complexities of customer service in the camming industry is a varied and oftentimes chaotic task, pulling even the most seasoned professionals in a multitude of directions. Fortunately for... More »
XBIZ NEWSLETTERS
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.






POPULAR PRODUCTS & SERVICES
Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Subscribe to XBIZ World magazine, the industry's leading e-commerce trade publication, delivering in-depth coverage of the online, mobile and ancillary digital markets.

UPCOMING EVENTS

Latin America Adult Business Expo

Jul 10 - Jul 12
Cartagena, Colombia

XBIZ.net Paysite Meetup

Jul 13 - Jul 13
Barcelona, Spain

ANME Founders Show

Jul 16 - Jul 18
Los Angeles Marriott Burbank Airport

QWEBEC Expo

Aug 03 - Aug 06
Montreal, Quebec
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!