By Meta Platforms has taken decisive action against online fraud by removing approximately 63,000 Facebook accounts in Nigeria linked to financial sexual extortion scams. The operation, announced on Wednesday, primarily targeted adult men in the United States, with a smaller network of 2,500 accounts connected to a group of about 20 individuals.
These Nigerian online fraudsters, known colloquially as “Yahoo boys,” are infamous for various scams, including impersonating individuals in financial distress or Nigerian princes offering lucrative investment opportunities. The latest crackdown focuses on “sextortion,” where victims are threatened with the release of compromising photos, real or fabricated, unless they pay to prevent disclosure.
Meta’s investigation revealed that while most scam attempts were unsuccessful, some targeted minors, prompting the company to report these cases to the National Centre for Missing and Exploited Children in the U.S. The tech giant employed new technical signals to identify and combat sex extortion attempts.
The prevalence of such scams in Nigeria, often referred to as “419 scams” after the relevant section of the national penal code, has grown alongside worsening economic conditions in the country of over 200 million people. Scammers operate from various locations, including university dormitories, underprivileged suburbs, and affluent neighborhoods.
Meta also uncovered accounts providing guidance for conducting scams, offering scripts, guides, and collections of photos for creating fake profiles. This revelation highlights the sophisticated nature of these fraudulent operations and the challenges in combating them.
As Meta continues its efforts to protect users from online fraud, this large-scale account removal underscores the ongoing battle against cybercrime and the importance of user vigilance in the digital age. The action also raises questions about the effectiveness of current measures to prevent such scams and the need for international cooperation in addressing cross-border cyber threats.
Reuters.com
