Two teens have been arrested for running an underage prostitution ring in Florida.

A month-long investigation led to the arrests of Julian Luis Mathena (15) and Alexa Nicole De Armas (17), pictured above, who were found to be running a real live high school prostitution ring.

[FLASHBACK: FACEBOOK FAIL! Meet Your Incarcerated Social Network… (PHOTOS)]

According to reports, Armas allegedly arranged for at least one act of prostitution that involved a 15-year-old girl and a 21-year-old man, which sparked the investigation that led to another shocking discovery….

The teens were organizing it all through Facebook!

“The motive behind it: money and alcohol. Trading money and alcohol for sex,” say authorities.

More details + watch news footage about this shocking story below…

VIDEO: News Footage – Florida High School Prostitution Ring

According to WTSP, John Mosher, 21 (pictured right) was arrested after the alleged act of prostitution took place.

Authorities say Mosher paid $40 and a bottle of liquor to have sex with a 15-year-old girl. The girl told police she met Mosher at a community pool shed, and when she tried to back out of the deal, he forced her.

Using a search warrant, police looked at the Sarasota High School students’ Facebook page and found a business plan with rates such as $50 to $70 for oral sex, $100 for sex with a virgin. The cut for prostitutes was 40 percent.

Armas, the alleged ringleader, colluded with Mathena to organize ‘hook ups’ like Mosher’s via Facebook, according to cops. In one of the exchanges, the alleged ringleader wrote:

Why pimp out old hoes when I have fresh young hoes I can give up for money? As long as I’m getting paid I’m trafficking all these (expletive deleted).

The case was brought to law enforcement’s attention by four girls at Venice High School, which neighbors the alleged ringleader’s Riverview High School. The girls told cops that the alleged ringleader and another teen boy tried to recruit them to join the ring.

TheHaroldTribune reports that at least two ‘Facebook pimps’ have been arrested in the case and each of the teens has been charged with human trafficking of a person younger than 18, a felony.

What do you think of this horrible ‘Facebook’ fail?