Rhode Island Attorney General Sues Meta Over Alleged Profiting from Scam Advertisements
Rhode Island Attorney General Peter Neronha has filed a lawsuit against Meta in Providence Superior Court, alleging the company knowingly profited from fraudulent advertisements. The legal action follows reports based on leaked documents suggesting that Meta's revenue from high-risk scam ads—including dubious health products and fraudulent e-commerce—accounted for approximately 10% of its 2024 revenue. The lawsuit claims Meta displayed roughly 15 billion 'higher risk' scam ads to users daily. Furthermore, the state alleges that Meta found it more profitable to allow these advertisements to run than to pay potential regulatory fines, contradicting the company's public commitments to user safety and platform integrity.
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Topics: consumer protection fraudulent advertising lawsuit regulatory action