Meta vowed to stop illegal financial ads on Facebook, Instagram and WhatsApp in Britain; and it failed 1,000 times in a week; claims report
Meta faces criticism from Britain's financial watchdog for failing to curb illegal ads promoting risky financial products on its platforms. Despite commitments, a significant number of unauthorized ads, including those from previously flagged offenders, continue to appear. Meta claims it fights fraud aggressively, but a Reuters test highlighted discrepancies in scam ad detection between the UK and Australia.
Meta faces criticism from Britain's financial watchdog for failing to curb illegal ads promoting risky financial products on its platforms. Despite commitments, a significant number of unauthorized ads, including those from previously flagged offenders, continue to appear. Meta claims it fights fraud aggressively, but a Reuters test highlighted discrepancies in scam ad detection between the UK and Australia.
