Facebook now accounts for the vast majority of scams on social media, according to an explosive new study — and critics claim it’s because Mark Zuckerberg’s tech giant is more focused on making money ...

A Facebook ad tells older Americans to claim a Medicare allowance card before it is too late. Another promises thousands of dollars for groceries, rent and gas. Some ads sound like they are coming ...

A lawsuit from the Consumer Federation of America accuses Meta of misleading consumers about its efforts to combat scams advertisements on its platforms. On Tuesday, the nonprofit Consumer Federation ...

As extreme heat drives demand for air conditioners, scammers are using AI-created websites and deceptive social media ads to ...

Bipartisan SCAM Act targets fraudulent ads on social media Bill follows Reuters report revealing that Meta internally projected huge revenue from scam ads Legislation would require platforms to verify ...

Social media giant Meta expected about 10 percent of its 2024 revenue, roughly $16 billion, to come from running ads for scams and banned goods, according to internal projections reported by Reuters.

Social media platforms must take greater responsibility for combating AI-fuelled Authorised Push Payment (APP) fraud, which is costing consumers and payment service providers millions, says Lord ...

Sens. Ruben Gallego (D-Ariz.) and Bernie Moreno (R-Ohio) unveiled legislation Wednesday that would require online platforms, including social media companies, to take “reasonable steps” to prevent ...

Scammers impersonated a senior Bank of America executive in ads on Facebook and Instagram, using her name and image to sell a fake stock-trading group that promised 95% accuracy and daily returns of ...

Scammers are getting sneakier, so we have to be smarter. Here’s how. When you Google something, how do you tell which website you should look at first? If you’re like most people, whether you’re ...