Meta Combating Financial Sextortion Scams From Nigeria – 2024
Meta is Combating Financial Sextortion Scams from Nigeria
A Statement from Meta (Facebook/Instagram/WhatsApp)
Primary Category: News
Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• Portions by Meta Corporation
About This Article
Financial sextortion is a borderless crime increasingly perpetrated by cybercriminals known as Yahoo Boys, primarily operating out of Nigeria. Meta recently removed around 63,000 Instagram accounts and 7,200 Facebook assets linked to these scammers. This included a coordinated network of 2,500 Instagram accounts and various Facebook Groups that provided guidance on conducting scams.
Meta’s efforts, supported by enhanced detection systems and cooperation with law enforcement, aim to prevent these crimes and protect potential victims, including teens and minors. The company also supports training programs for law enforcement to better handle such crimes.
