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.

Reuters Special Report | Meta platforms display 15 billion scam ads a day. In fact, Meta projected that 10% of its 2024 revenue would come from ads for scams and banned goods.