Meta Tolerates Rampant Ad Fraud to Safeguard Billions in Revenue
Reuters | Meta accepted high levels of fraudulent ads from China in order to minimize the “revenue impact” of preventing scam ads.
Meta Earns Billions on Scams and Fraud
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.