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 ...

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.

Meta projected that 10% of its overall sales in 2024, or about $16 billion, came from running online ads for scams and banned goods, according to a Thursday report from Reuters. That included ads for ...

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 ...