KTVU Fox 2 | Santa Clara County has sued Meta, alleging that the company knowingly promotes and profits from billions of fraudulent ads, generating an estimated $7 billion in scam ad revenue every year.

Reuters | Home to Silicon Valley, Santa Clara County filed a lawsuit alleging that Meta is in violation of state false advertising and unfair business practices laws by profiting from ads that promote scams.

Reuters | Meta accepted high levels of fraudulent ads from China in order to minimize the “revenue impact” of preventing scam ads.