Robert Dunlap received a 23 year prison sentence for the Meta 1 Coin crypto scam that defrauded nearly 1,000 investors. Learn ...

Americans have lost billions to malicious social media advertising.

Bottom line: Meta insists that it is making steady progress against fraudulent advertising. "We aggressively fight fraud and scams because people on our platforms don't want this content, legitimate ...

A Meta spokesperson said the company "aggressively combats scams." ...

The latest lawsuit against Meta was filed in Washington, D.C. by the Consumer Federation of America, a nonprofit association of more than 200 organizations that represent consumer interest. The ...

Social media giant Meta expected about 10 percent of its 2024 revenue, roughly $16 billion, to come from running ads for scams and banned goods, according to internal projections reported by Reuters.

In short: Meta faces a convergence of lawsuits across the US, Australia, and the UK alleging the company knowingly profited from scam ads on Facebook and Instagram, with its own internal documents ...