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Meta

Surge in scam on social media as 40% of finance ads now high risk

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Social media has now overtaken email as the UKโ€™s top scam channel, accounting for over a third (34%) of reported online scam incidents. Shockingly, Meta platforms are exposing users to a staggering 15 billion โ€œhigh-riskโ€ scam ads every single day, with these dodgy adverts generating roughly $7 billion in annualised revenue for the social media […]