Meta says that it 10% of its ad revenue ($16b) comes from Fraud ads, illegal casinos and banned medical products 🤯
Meta is earning a fortune on a deluge of fraudulent ads, documents show
Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, and it internally estimates that its platforms show users 15 billion scam ads a day, company documents show.
reuters.com