NEW YORK CITY, NEW YORK, USA by Peter Rudegeair of Reuters (11/20/12) – Authorities on Tuesday broke up a $7 million three-state prostitution and money laundering ring, rescuing two human trafficking victims and arresting more than a dozen people, New York’s attorney general said.
The crackdown was the result of a 16-month investigation into Somad Enterprises Inc., an advertising agency with offices in New York, New Jersey and Pennsylvania that placed classified ads for five escort services, Attorney General Eric Schneiderman and New York City Police Commissioner Ray Kelly said at a joint news conference.
In a 180-count indictment, 19 people and one corporation were charged with enterprise corruption, money laundering, falsifying business records, narcotics sales and prostitution. In addition, three prostitution clients have been charged.