Financial Sextortion: The Fastest-Growing Cybercrime

Financial sextortion, a modern cybercrime, preys on young men and teenage boys by coercing explicit images for ransom. Victims, often minors, face devastating consequences including suicide. Law enforcement struggles to combat scammers based abroad, while parents and cybersecurity experts advocate for better protections from tech companies.

Financial Sextortion Scam Targeting Young Men and Boys

David falls victim to a financial sextortion scam after engaging with a fake profile named Chelsea on Instagram. The scammer demands money in exchange for not sharing explicit photos with David's family and friends. The scam preys on young men and boys, leading to devastating consequences for some victims.