Meta Fined NT$1 Million for Two Fraudulent Ads

Meta fined NT$1 million for two fraudulent ads

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Meta faces increasing scrutiny over widespread scam ads

Meta, the parent company of Facebook and Instagram, is under fire after a major report revealed that thousands of fraudulent ads have been allowed to run on its platforms. According to the Wall Street Journal, Meta accounted for nearly half of all scam complaints tied to Zelle transactions at JPMorgan Chase between mid-2023 and mid-2024. Other banks have also reported a high number of fraud cases linked to Meta's platforms.JOIN THE FREE "CYBERGU…

MODA fines Meta NT$1 million for ad disclosure violation under anti-fraud act - Focus Taiwan

Taipei, May 22 (CNA) Taiwan's Ministry of Digital Affairs (MODA) on Thursday said it fined Meta Platforms, Inc. NT$1 million (US$33,290) for failing to disclose information on individuals who commissioned and funded two Facebook advertisements, marking the first fine issued under the newly enacted anti-fraud act.

Scam or real? McAfee wants to wake up Internet users - TechCentral.ie

McAfee has launched a new campaign called Keep it Real. The goal: to make people more aware of the rapidly growing threat of AI-driven scams. The campaign has two components: eye-catching digital ads and a storytelling platform called Scam Stories. The ads are created with AI and designed to evoke confusion. They mimic the uncomfortable [… The post Scam or real? McAfee wants to wake up Internet users appeared first on TechCentral.ie.