Meta Earns Billions on Scams and Fraud
Reuters Special Report | Meta platforms display 15 billion scam ads a day. In fact, Meta projected that 10% of its 2024 revenue would come from ads for scams and banned goods.
Woman loses life savings in scam using AI to pose as TV star
KABC Eyewitness News | A California woman learned her mother had been sending money to a scammer who used deepfake videos to impersonate celebrity Steve Burton.
Millions Stolen, Threats: Should Banks Do More to Fight Scams?
The Wall Street Journal | Investment scams are global operations. Americans want banks to do more to prevent them. Pressure is spreading to telecoms and social media, where scammers find their marks.
This Is Not Keanu: Inside Celebrity Impersonation Bitcoin Scam
The Hollywood Reporter | Victims think they’re talking to Keanu Reeves. Or Kevin Costner. Then come pleas for cash. The AI-fueled con that fleeces fans and has Hollywood fighting back.
Inside Vietnamese Phone Farms Where Fakery Is Made
FrankonFraud | Racks hold thousands of smartphones automated to imitate humans: liking posts, following accounts, watching video — seeding misinformation and scaling scams.