Meta faces increasing scrutiny over widespread scam ads

Meta, the parent company of Facebook and Instagram, is under fire after a major report revealed that thousands of fraudulent ads have been allowed to run on its platforms. 

According to the Wall Street Journal, Meta accounted for nearly half of all scam complaints tied to Zelle transactions at JPMorgan Chase between mid-2023 and mid-2024. 

Other banks have also reported a high number of fraud cases linked to Meta's platforms.

JOIN THE FREE "CYBERGUY REPORT": GET MY EXPERT TECH TIPS...