Sens. Josh Hawley (R-Mo.) and Richard Blumenthal (D-Conn.) sent a letter to regulators on Saturday, requesting an investigation into Meta for allegedly profiting from fraudulent advertisements. The ...
Billboard campaign advertising Instagram's failure to stop scams blocked by Meta media buyers A creative billboard campaign to highlight the rising number of scams and identity theft on Instagram has ...
Josh Hawley and Richard Blumenthal, two U.S. senators, have asked the FTC and SEC to probe Meta over an estimated $16 billion in scam ad revenue in 2024. A letter from the two to the agencies stated, ...
Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ...
U.S. lawmakers have asked the Federal Trade Commission and the Securities and Exchange Commission to launch an investigation into Meta Platforms (META), Reuters reported on Monday, following a report ...
Meta's ad revenue is set to soar, with scam and banned-product ads projected to account for a whopping 10% in 2024, translating to a staggering $1.6 billion.
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