TMZ has turned up Disney ads marketing lacy, sexy lingerie by models who are made to look underage. They're hawking bras, undies and lacy boy shorts. They are nothing short of seductive. The photos are being used by Zhenxin Garment Company to sell Disney clothes in China.

So who "manipulated" Winnie the Pooh into a three-way with jail-bait looking chicks? For the record, Annie Leibovitz didn't take these photos. [The good news is that R.Kelly could become an ad exec for Disney if he ever wanted a career change. - Go to TMZ to see these photos which are far more revealing then any of the controversial Miley shots. ]

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