"Santa Clara County today filed a lawsuit in county Superior Court against Meta Platforms, Inc. accusing Meta of intentionally facilitating and profiting from billions of scam advertisements on Facebook and Instagram, defrauding seniors and families and squeezing small businesses out of fair access to consumers."
"The complaint alleges that Meta tracks up to 15 billion scam ads shown to users every day across its platforms, generating $7 billion in revenue. The county said in its complaint that Meta's own systems flag ads that are likely scams but, instead of stopping them, charges scammers a premium price."
""Meta knows scam ads are rampant on its platforms but chooses profits over proven scam-prevention measures," the county said in its complaint. The lawsuit further alleges that Meta's sophisticated artificial intelligence tools and high-tech programs actively target vulnerable consumers and contribute to creating and refining scam ads."
"The complaint alleges that Meta has maintained a network of thousands of "Business Partners" that help scammers post their ads. Many of these Business Partners openly advertise their ability to post scam ads on Meta's platforms. The scams themselves run the gamut, including fraudulent financial products, cryptocurrency schemes, purported cures for incurable disea"
Santa Clara County filed a civil lawsuit in Superior Court against Meta Platforms, Inc., alleging Meta intentionally facilitates and profits from billions of scam advertisements on Facebook and Instagram. The complaint claims Meta tracks up to 15 billion scam ads shown to users daily and generates about $7 billion in revenue. It alleges Meta’s systems flag likely scam ads but do not stop them, instead charging scammers premium prices. The lawsuit further alleges Meta’s artificial intelligence tools and programs target vulnerable consumers and help create and refine scam ads. It also alleges Meta maintains thousands of “Business Partners” that assist scammers in posting ads. The county seeks accountability for consumer deception and unfair market access.
#consumer-protection #online-advertising-fraud #meta-platforms #artificial-intelligence #state-civil-litigation
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