Alabama Sen. Richard Shelby is joining with the National Center for Missing and Exploited Children in a new fight against child pornography. That group announced a new effort Wednesday to fight child porn.
The Financial Coalition Against Child Pornography is comprised of 18 top financial and Internet companies, including America Online, Bank of America, Visa, and Yahoo, just to name a few.
"The goals of the Financial Coalition Against Child Pornography is to eradicate it, to stop it in its tracks," said Shelby. "To make sure the financial institutions do not aid and abet, directly or indirectly, the promotion of child pornography. To realize that this is the dirtiest of the dirty business."
Child pornography is among the fastest growing businesses on the Internet, a $20 billion per year enterprise.
Attorney General Alberto Gonzales says U.S. and international authorities have nabbed more than two dozen people in an online child porn ring.
Gonzales says the 27 people charged took part in an online chat room that included live streaming video of children being molested. He says seven molestation victims have been identified after being seen on video, including one younger than 18 months old.
The people charged are in the U.S., Great Britain, Canada and Australia.
The Associated Press contributed to this report.