“Scams Paid the Bills” - Meta Made $16 Billion From Fraud Ads and Still Allows Them
“Scams Paid the Bills” - Meta Made $16 Billion From Fraud Ads and Still Allows Them
Transcript
Meta made 16 billion dollar from scam ads. By the way, that is nearly 10% of their revenue in 2024. They had $164 billion revenue in 2024, of which 16 billion of it came from fake promoting scams and banned goods on Facebook, which they allow to happen. Meta's own document estimates that platform showed users about $15 billion dollar 15 billion hig... Read More
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