Australian Competition and Consumer Commission (ACCC), MetaHe sued!
In a statement released today, the Commission addressed Meta Platforms and Meta Platforms Ireland, Facebook and Instagram using Australia’s popular names via scam ads He reported that he was sued for the crimes of publishing, misleading or deceptive directions.
ACCC, businessman appearing around ads promoting investment in cryptocurrency or monetization schemes Dick SmithTV presenter David Koch and former NSW Premier Mike Baird It claims that associating it with well-known people such as
The ads in question do indeed contain links that take Facebook users to a fake media article based on ads that endorse a cryptocurrency or monetization scheme.
The statement said: “Many users have been called repeatedly to persuade them to deposit money into fraudulent schemes, and several consumers have lost hundreds of thousands of dollars as a result of long-standing scams, subject to various pressures.”
The Australian Competition and Consumer Commission claims that one victim is in a single fraud case. lost $650,000.
ACCC Chairman Rod Sims,
The essence of our case is that Meta is responsible for these advertisements that it publishes on its platform. (…) After all, visits from ads to landing pages are an important source of income for Facebook.
said.
Sims also claimed that Meta had full knowledge of fake ads on Facebook but failed to do enough to fix the problem.