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.

University of Notre Dame | When banks can provide details about fraudulent activity, customers are more likely to stay. In fact, 62% fewer leave compared with those who hadn’t experienced fraud.

FrankonFraud | Racks hold thousands of smartphones automated to imitate humans: liking posts, following accounts, watching video — seeding misinformation and scaling scams.