Meta Takes Down Scams

Meta Takes Down 60,000 Instagram Accounts in Nigeria Linked to Scams. FBI Director Urges Nigerian Authorities to Take Action.

Transcript

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.