Rhode Island Lawsuit Claims Meta Knowingly Profits From Financial Scam Ads

T2Covered by 1 source · first reported by PYMNTS at 23 Oct, 15:27 UTC

Rhode Island Attorney General Peter F. Neronha sued Meta Thursday (Oct. 22), alleging that the company fails to block advertisements for fraudulent products and financial scams on its platforms, Neronha said in a press release. The lawsuit alleged that Meta knows “that scam ads cause significant…