Paul Raffile, MA (Intelligence Analyst), examines the dramatic rise in reported cases of financially-motivated online sextortion targeting minors in the U.S. since 2021 at the #AskTheExperts webinar “Hidden Costs: Protecting Kids from Online Financial Exploitation,” held on Wednesday, September 10, 2025.
Read the Video Transcript
[Paul Raffile]: To put some data to this, there were only 139 reported cases of financially-motivated sexual extortion targeting minors in the US in 2021. 139. Fast forward to 2024, and there were 36,000 reported cases. Now, of course, that’s just the reported cases. And we know that very few of these victims actually report because this is a crime of embarrassment, a crime of shame. So we look, you know – I commend Snapchat for doing the research here saying that 51% of teens have been targeted in extortion schemes, and 23% have actually been victimized. This is 2024 research. Now, if we look back to any of the nationwide studies before 2021, they all say something like 1%, 2%, 3% of the population has been victims of sexual blackmail and extortion. Now Snapchat themselves, they’re saying 23%. That’s like a tenfold increase. It’s a quarter of the population.
View the Full Webinar
Hidden Costs: Protecting Kids from Online Financial Exploitation
From influencer advertising, manipulative persuasive design, video game loot boxes, and even illegal financial extortion – children face a digital minefield designed to capture their money and their trust.
Vicki Shotbolt
Founder and CEO
Parent Zone
Michelle Nelson, PhD
Professor
Charles H. Sandage Department of Advertising, Institute of Communications Research, University of Illinois Urbana-Champaign
Paul Raffile, MA
Intelligence Analyst
Elena Petrovskaya, PhD
Research Associate
University of Lincoln
Christopher Mufarrige
Director, Bureau of Consumer Protection
Federal Trade Commission