Meta Takes Down 60,000 Instagram Accounts in Nigeria Linked to Scams. FBI Director Urges Nigerian Authorities to Take Action.
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00:00It's Benzinga, and here's what's on the block.
00:03Meta has removed over 60,000 Instagram accounts in Nigeria linked to sextortion scams.
00:08The company also took down over 7,000 Facebook accounts, pages, and groups in Nigeria providing
00:13scam tips.
00:15Sextortion involves cybercriminals obtaining and threatening to release sexually compromising
00:19photos to extort money from victims.
00:21Some accounts also recruited and trade others in sextortion methods.
00:25FBI Director Chris Wray visited Nigeria to urge authorities to address extortion more
00:30aggressively.
00:31For all things money, visit Benzinga.com.