The FBI has reported a rise in financial sextortion cases targeting kids and teens, leading to an alarming number of deaths by suicide. These scams often involve perpetrators, referred to as 'Yahoo Boys,' who create fake profiles online, develop relationships with their victims, and then ask for money under false pretenses. A recent case involves a 19-year-old Austin man indicted for posing as 'Michelle' on social media from 2022 to 2024 to target underage males. The FBI is urging potential victims to come forward. Financial sextortion scams have become a tragic epidemic on social media.