The most common factor shared by almost all reported incidents is sexual gratification of the threat actor. If you get an extortion email similar to that posted above, the threat is most likely an empty bluff. The most important takeaway is to never engage to local authorities as soon as you can. If an attacker had genuinely hacked your password, there are more lucrative, faster-paying options for them than sending extortion emails. Do not pay any requested ransom, and do not send any further information or pictures to the scammer.”]
Source: https://blog.malwarebytes.com/101/2018/10/sextortion-emails-theyre-probably-not-watching/