The Business of Sex Trafficking

by Jeff Springer February 17, 2010, 10:55 am 2.5k Views

Sex trafficking is a criminal business in which women and children are forced or coerced into providing sex services. An estimated 2.5 million people are victims of this modern-day form of slavery which has grown into an ugly and sophisticated $50 billion world wide business. Human trafficking is the fastest growing criminal industry in the world, despite the Protocol to Prevent, Suppress and Punish Trafficking in Persons, which went into effect on December 25, 2003.

click to enlarge

crime sex trafficking

Written by Jeff Springer

Jeff Spring is the Finance & Markets Editor at BusinessPundit.com. He's currently spending his days backpacking across Europe. While he may be living outside of the United States, he stays connected to American financial markets and M&A's more than is probably healthy for any single person. His love of a good book and a Bloomberg terminal can't be understated.