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 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.