MIL-OSI Security: The Financially Motivated Sextortion Threat

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Source: Federal Bureau of Investigation FBI Crime News (b)

The FBI saw a 20% increase in reports of financially motivated sextortion incidents targeting minors during a six-month period that ended in March 2023, compared to the previous year. The scam is the latest iteration of sextortion, which has historically been driven by sexual gratification and control, but is now mostly motivated by greed. Minors and young adults caught in this trap often feel isolated, embarrassed, and cornered with seemingly no way out. In some cases, victims have turned to self-harm and suicide.

The FBI wants parents, educators, caregivers, teens, and young adults to fully understand the dangers of financially motivated sextortion and to know there are options for those who need help.

“The consequences of sextortion are being felt across the country,” said FBI Director Christopher Wray. “In an effort to protect the American public, the FBI encourages parents, educators, caregivers, and children to learn more about the steps they can take to shield themselves and their loved ones from this crime. We and our partners will relentlessly pursue criminals who perpetuate this deplorable activity.”

MIL Security OSI