Facebook and Instagram overwhelmed by scam ads and listings

The Wall Street Journal reports an 'epidemic' of scams targeting Facebook and Instagram users. Meta knows about it but is 'reluctant to add impediments for ad-buying clients' driving a 22% increase in its ad business. Even when they are identified, 'the company will allow advertisers to accrue between eight and 32 automated 'strikes' for financial fraud before it bans their accounts.' — Read the rest
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