Facebook scam ads now leverage AI and deepfakes to create convincing celebrity endorsements, targeting specific demographics ...

The scheme begins with ads on Facebook that feature prominent investors, including ARK Investment Management's Cathie Wood, CNBC's Joe Kernan, and Fundstrat's Tom Lee, along with ...

Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to ...

Meta's platforms are under scrutiny for allowing scam ads, with reports of fraud linked to Zelle transactions. Critics question Meta's commitment to user safety.

Meta, the parent company of Facebook, Instagram and Whatsapp, is struggling to control the rise of cyber scams on its ...

Bipartisan coalition of 42 state attorneys general sent a letter to Meta demanding immediate action against investment scam ...

Michigan AG Dana Nessel, joined by 42 attorneys general, urges Meta to tackle investment scams on its platforms.

Scam ads on Facebook are evolving fast, using AI-generated content, fake celebrity endorsements and deepfakes to trick users into clicking. Facebook’s ad review system isn’t catching these in time, ...

Pennsylvania Attorney General Dave Sunday is leading a bipartisan coalition of 42 Attorneys General calling on Meta Platforms ...

Pennsylvania Attorney General Dave Sunday joined 42 other AGs in sending a letter to Meta urging it to combat scam advertisements on its platforms. Sunday said the scams use images ...

The AG letter to Meta detailing the scam includes reports of individuals losing anywhere from $40,000 to $100,000 or more after clicking on a fraudulent ad on Facebook. Other investment scams ...