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Bitcoin is cryptographic currency favoured by criminals as it allows semi-anonymous online transactions.

It's not just guns and drugs that are up for sale on deep web sites.

The internet has opened up new ways to communicate with friends and family overseas and many New Zealanders rely on webcams to stay in touch, using Vo IP video calling services such as Skype, Google Hangouts and other services on various devices including mobiles, computers and internet capable TVs.

Webcam blackmail has evolved as a new way to trick unwitting victims into parting with money after chat sessions are recorded and threats made to publish recordings online.

The impact of this scam can range from mild embarrassment and a sense of humiliation to extreme emotional harm with some victims around the world taking their own lives.