Bipartisan SCAM Act would require online platforms to crack down on fraudulent ads
Bipartisan SCAM Act would require social platforms to prevent fraudulent or deceptive ads and allow the FTC and state attorneys general to sue noncompliant platforms.
Meta Touts Detection Efforts Ahead of Anti-Scam Summit
Meta removed millions of scam ads and disrupted scam accounts, yet billions in scam-ad revenue and high global victimization rates cast doubt on platform safety.
Meta earns billions from ads for scams, report claims
Meta earns billions annually from ads promoting scams, illegal goods, and banned medical products while only banning advertisers when fraud is nearly certain.
Scam Ads Are Flooding Social Media. These Former Meta Staffers Have a Plan
"The people who push these kinds of ads are persistent, they are well funded, and they are constantly evolving their deceptive tactics to get around our systems," Leathern told Reuters at the time.