Nearly half of Meta finance ads targeting U.S. users were flagged high-risk amid rising social media investment scam concerns ...

Last year, Meta had to reckon with an ugly conclusion about its Chinese advertising customers: They were defrauding Facebook, ...

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.

Facebook parent Meta reportedly needs to do a better job in fighting fraud. According to a report in Reuters, Meta has repeatedly failed to stop illegal ads for high-risk financial products running on ...