Meta Cracks Down On Nigerian 'Yahoo Boys' In Massive Sextortion Scam Purge, Bans 63K Accounts

Quick Summary:

Financial sextortion, a crime without borders, has been fueled in recent years by the rise in activities of loosely organized cybercriminals known as ‘Yahoo Boys’, predominantly operating from Nigeria, specializing in various scam techniques, Meta said in a statement.“We’ve banned Yahoo Boys under Meta’s Dangerous Organizations and Individuals policy — one of our strictest policies — which means we remove Yahoo Boys’ accounts engaged in this criminal activity whenever we become aware of them,” the software giant said. 

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Meta Platforms, Inc.(NASDAQ:META) has taken down approximately 63,000 accounts in Nigeria involved in financial sexual extortion, or sextortion, scams targeting adult men in the United States.

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Author / Journalist: Nabaparna Bhattacharya

Category: Technology

Markets: United StatesNigerNigeria

Topics: Briefs METU Markets General Stories That Matter Tech News US92204A8844 Equities VOX META AI Generated Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 22:26:09 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21766494

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