Online extortion scams can inflict severe financial pain on victims — so much
so that the FBI IC3 2023 Report noted over $74 million in damages.
so that the FBI IC3 2023 Report noted over $74 million in damages.
In the digital realm, this type of crime knows no borders and has been
continuously fueled by criminal groups that carry out their scams through social
media platforms.
To combat this, Meta recently announced that it has removed around 63,000
Instagram accounts in Nigeria that directly attempted to engage in extortion
scams.
Many of these accounts w