Meta Sued by Santa Clara County, California, for Profiting from Fraudulent Ads on Facebook and Instagram
Source:
www.bloomberg.com
According to Bloomberg, Santa Clara County in California has filed a lawsuit against Meta, accusing it of “knowingly facilitating and profiting from billions of fraudulent ads” on Facebook and Instagram. The complaint states that these fraudulent ads have defrauded elderly individuals and families, and that Meta tracked such ads. Santa Clara County Counsel Tony LoPresti said Meta earns approximately $7 billion annually from these ads.