San Francisco: Meta Platforms, the parent company of Facebook and Instagram, is facing global criticism after internal documents revealed that the company has been making billions of dollars each year from fraudulent and illegal advertisements circulating on its platforms.

According to an investigation by Reuters, Meta’s internal data suggested that as much as 10 percent of its total annual revenue, roughly 16 billion dollars, could be linked to advertisements promoting scams, illegal gambling, and banned medical products. The findings also indicated that the company’s systems may have shown nearly 15 billion high-risk ads daily across its platforms in 2024.

Despite knowing the scale of the problem, Meta reportedly set limits on how much revenue it was willing to lose in efforts to comb

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