Mark Zuckerberg's Meta refuses to crack down on rampant scams from bogus ads to avoid losing revenue: report
1. Meta faces backlash for allowing numerous fraudulent ads, prioritizing revenue over safety. 2. The company accounted for nearly half of Zelle scam complaints reported by JPMorgan. 3. Internal sources indicate Meta tolerates multiple fraud strikes to avoid losing ad revenue. 4. Fraudulent ads have harmed legitimate businesses and consumer trust on Meta's platforms. 5. Meta denies legal responsibility for fraud content despite rising complaints and losses.