Documents show Meta only verifies advertisers where legally mandated. High-risk ads generate ~$7B annually. Senators demanded FTC/SEC probe after report.
#ReutersInvestigation #ScamAds #AdvertiserVerification #MetaPlaybook #FraudulentAds #RegulatoryEvasion

www.reuters.com/legal/litiga...

Reuters Exposes Meta's $7 Billion Annual Profit From Fraudulent Ads A Reuters report, citing internal documents, indicates Meta Platforms Inc. could generate billions of dollars annually from fraudulent advertisements

Reuters Exposes Meta's $7 Billion Annual Profit From Fraudulent Ads

#adrevenue #fraudulentads #Meta #Reuters #ScammiestScammers