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Report Reveals Surge in Financial Sextortion Targeting Teen Boys on Social Media

New data shows a dramatic increase in cases where teenage boys are blackmailed with explicit images for money, with Instagram being the primary platform used by perpetrators.

  • Financial sextortion incidents have increased significantly, with over 26,700 reports in 2023 alone.
  • Teenage boys, particularly those aged 14-17, are the primary targets of these schemes.
  • Perpetrators often use 'catfishing' tactics, posing as other teenagers to obtain explicit images.
  • Nigeria and Côte d'Ivoire are frequently linked to these organized crime networks.
  • Victims are typically contacted on Instagram, Snapchat, and Facebook, and then moved to secondary platforms.
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