Meta Is Sued Over Scam Ads on Facebook and Instagram
ID: aa6b7db7-db4c-5b83-8311-f3e09f552112
STIX ID: report--aa6b7db7-db4c-5b83-8311-f3e09f552112
Feed Name: WIRED Security
The Consumer Federation of America filed a lawsuit accusing Meta of allowing and profiting from fraudulent ads and scams on Facebook and Instagram, citing ads that promise free government checks and phones and internal documents Reuters reported that estimate substantial ad revenue tied to scams; the piece also notes state attorneys general urging Meta to curb ads that lead to investment scams on WhatsApp.
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