NEPA Known World
The Iron Ring is the subject of many a night time story told to children to keep them obeying their parents. However, they are all too real. They are primarily slavers; selling Humans, Elves, Dwarves and Hin all over the Known World. They seem to be based in what is now the Grand Duchy of Karameikos (many believe in Fort Doom within the Black Eagle Barony) despite slavery being illegal in that nation. It is rumored that they are also interested in artifacts, particularly those associated with the ancient Traladarans and the beast-men of legend.
Rumors of the Iron Ring’s existence can be traced back to the time before Grand Duke Stefan Karameikos took possesion of the nation. The pirates of Traladara and Ierendi may have been their forebears. Slave trading has been and continues to be brisk in Thyatis, the Northern Reaches, Alphatia and even parts of Ylaruam.