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Most appear to single out victims based on their "ability to pay" and because "they have something to lose" and ransom demands range from a few hundred to a few thousand pounds.
The term "sextortion" was a term coined by the National Police Chiefs' Council, which has been investigating the growing crime.
Preserve evidence: Make a note of all details provided by the offenders, for example; the Skype name (particularly the Skype ID), the Facebook URL; the Western Union or Money Gram Money Transfer Control Number (MTCN); any photos/videos that were sent, etc.
Be aware that the scammer's Skype name is different to their Skype ID, and it's the ID details that police will need.
Suspend your Facebook account (but don’t delete it) and use the online reporting process to report the matter to Skype, You Tube etc.
to have any video blocked and to set up an alert in case the video resurfaces.
Don't pay: Many victims who have paid have continued to get more demands for higher amounts of money.
The police will take your case seriously, will deal with it in confidence and will not judge you for being in this situation.