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TechRadar
TechRadar
Ellen Jennings-Trace

Meta reportedly makes 10% of its revenue from fraudulent ads and scams

Silhouette of smartphone with Facebook, Messenger, WhatsApp, Instagram, Oculus apps and blurred META logo on background.
  • Damning Reuters report reveals Meta's unwillingness to tackle scams
  • 10% of Meta's revenue apparently comes from fraudulent adverts and illegal content
  • Meta considered harm reduction under threat from regulators

The number of scam adverts and less than legitimate product listings on social media platforms certainly seems to have dramatically increased in the last few years, but a new report claims the websites themselves could be partly to blame.

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