Facebook earns billions from scam ads, lawsuit alleges — bobsullivan.net

 Facebook earns billions from scam ads, lawsuit alleges — bobsullivan.net
The picture on the left didn’t match what was delivered, on the right.

Facebook profits from advertisements it knows, or should know, are fraudulent, a federal lawsuit filed in  California alleges. The social media giant makes it easy for criminals to target consumers who are not only likely to click on certain kinds of ads, but also likely to follow through with purchases, the case claims.  The firm is “actively soliciting, encouraging, and assisting scammers,” the suit claims.

Alleged frauds include ads for products that never ship, or are substantially different from what is advertised. Fraud rates for some types of ads are as high as 30%, the suit claims.

Not only does Facebook look the other way when such ads are placed, but it has actively recruited suspicious sellers through conferences and other means, the case claims. Lawyers for the plaintiffs seek class-action status for the case, and claim there are potentially…

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