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Rhode Island sues Meta for allowing fraudulent ads on its platforms

TechnologyInternationalClarin.com40 s readAI summary
Image: Clarin.com

Rhode Island's Attorney General sued Meta for allowing and promoting fraudulent ads on its platforms, including misleading products, fake investment opportunities and impersonations. The state alleges a violation of its Deceptive Trade Practices Act and seeks civil penalties for each violation, injunctive relief, refunds for consumers and the appointment of a monitor. According to the lawsuit, Meta displayed about 15 billion ads daily with clear signs of fraud and took in about $16 billion in 2024 from ad revenue tied to such content.

In 40 seconds

  • Rhode Island's Attorney General accuses Meta of violating the state's Deceptive Trade Practices Act.
  • The state seeks civil penalties per violation, injunctive relief and refunds for affected consumers.
  • The lawsuit claims Meta displayed about 15 billion ads a day with clear signs of fraud.
Read the full story at Clarin.com

IASummary generated by artificial intelligence from a story by Clarin.com. It may contain errors: the original source prevails.

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