- Financial sextortion is a borderless crime, often perpetrated by cybercriminals known as Yahoo Boys from Nigeria.
- Meta has removed around 63,000 Instagram accounts and 7,200 assets from Nigeria involved in financial sextortion scams.
- Meta is actively working to combat these scams, improve detection methods, and support law enforcement efforts.
Combating Financial Sextortion Scams From Nigeria
Financial sextortion is a horrific crime that can have devastating consequences, especially when targeting vulnerable individuals. Meta has taken significant steps to combat this issue, particularly in Nigeria where cybercriminals known as Yahoo Boys are prevalent.
Meta has removed approximately 63,000 Instagram accounts and 7,200 assets, including Facebook accounts, Pages, and Groups, involved in financial sextortion scams originating from Nigeria. These efforts are part of Meta’s ongoing commitment to protect users from online exploitation and fraud.
Furthermore, Meta is continuously refining its detection methods to identify and prevent such scams proactively. The company also collaborates with law enforcement agencies and child safety organizations to address these criminal activities effectively.