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.

PBS | Rulings could require Meta and other social media platforms to increase user protections and make other changes to the management of their platforms.

The Guardian | A jury in New Mexico found that Meta misled consumers over safety and enabled harm — including sexual exploitation of children — against users.

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.

KABC Eyewitness News | A California woman learned her mother had been sending money to a scammer who used deepfake videos to impersonate celebrity Steve Burton.

The Wall Street Journal | Investment scams are global operations. Americans want banks to do more to prevent them. Pressure is spreading to telecoms and social media, where scammers find their marks.

The Hollywood Reporter | Victims think they’re talking to Keanu Reeves. Or Kevin Costner. Then come pleas for cash. The AI-fueled con that fleeces fans and has Hollywood fighting back.

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