Hawley, a Republican, and Blumenthal, a Democrat, expressed skepticism about Meta’s efforts to combat illicit advertising.

"The FTC and SEC should immediately open investigations and, if the reporting is accurate, pursue vigorous enforcement action where appropriate to force Meta to disgorge profits, pay penalties, and ...

It follows a Reuters report about the social media giant's revenue from ads on Facebook and Instagram that promote scams and ...

US Senators Josh Hawley and Richard Blumenthal have urged the FTC and SEC to investigate Meta. They allege Meta earns ...

Meta, believed to have earned $16 billion in scam ad revenue in 2024, could be facing a probe from the FTC and SEC.

An impersonation scam, or imposter scam, is when a criminal pretends to be someone they aren't to get access to your money or financial information. A new report from the Federal Trade Commission (FTC ...

Last year, Americans reported losing more than $12.5 billion to fraud, according to the Federal Trade Commission (FTC). Consumers reported losing the most to investment scams, followed by imposter ...

WASHINGTON -- Love is blind -- and scammers are taking advantage of that. Americans lost more than $201 million to romance scams in 2019, up 40% from 2018, according to a new Federal Trade Commission ...

In April the Federal Trade Commission published, “Consumer Fraud in the United States, 2011.” The report presents findings of a survey commissioned by the agency to examine consumer experiences ...