"Meta's platforms have become a preferred hunting ground for scammers, and our lawsuit alleges that Meta not only knows it, but has put in place systems and tools to ensure it profits from it. "No corporation is above the law. As civil prosecutors in Silicon Valley, we cannot allow a tech company as powerful as Meta to continue perpetrating a worldwide scheme to deceive consumers.""
"The lawsuit accuses Meta of allegedly violating California false advertising and consumer protection laws by allegedly doing too little to screen out fraudulent ads posted by alleged scammers, or even allegedly encouraging "scam ads" on its sites, allegedly generating $7 billion in revenue from such ads every year."
""Meta assures the public, and promises its users and advertisers, that it is making every effort to protect them from scams. But behind the scenes Meta is actively participating in the creation and targeting of scam ads, snuffing out attempts to combat scam ads, and in fact profiting from the scam ads it claims to be trying to prevent," the lawsuit says."
Santa Clara County filed a lawsuit in Santa Clara County Superior Court against Meta, seeking a payout and requiring action over alleged scam ads on Facebook and Instagram. The suit is brought on behalf of California’s people and claims Meta knows its platforms attract scammers. The county alleges Meta violates California false advertising and consumer protection laws by doing too little to screen fraudulent ads and by allegedly encouraging scam ads. The complaint asserts Meta generates about $7 billion in revenue annually from such ads. It also alleges Meta actively participates in creating and targeting scam ads, suppresses efforts to combat them, and profits from the scams it claims to prevent.
Read at The Center Square
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