Meta Platforms(US:META) Huan Qiu Shi Bao·2025-05-18 22:45Core Viewpoint - Meta is facing a significant surge in online fraud, with its platforms Facebook and Instagram becoming primary venues for global scam operations, revealing systemic failures in content moderation [1] Group 1: Fraud Incidents - Numerous businesses, such as "Half Price Wholesale," have reported that scammers are using their information to create fake advertisements, leading to customer complaints and financial losses [2] - A survey indicated that over 4,400 different ads used the address of the aforementioned company, while the actual owner only posted 15 ads [2] - Scammers are employing increasingly sophisticated tactics, including using images of elderly individuals to promote fraudulent offers, resulting in unauthorized credit card charges [2] Group 2: Regulatory Failures - The rise of cryptocurrency, AI technology, and cross-border crime networks has significantly increased the scale and impact of online fraud [3] - A 2022 report from Meta revealed that 70% of new active advertisers on its platform were promoting scams, illegal goods, or low-quality products [3] - Data from banks and regulatory bodies indicate a high proportion of fraud cases linked to Meta, with nearly half of the fraud cases reported through Zelle being associated with Meta platforms [3] Group 3: Inadequate Anti-Fraud Measures - In response to criticism, Meta claims to be addressing a "fraud epidemic" and has implemented various measures, including testing facial recognition technology and increasing user warnings [4] - Despite these claims, Meta's legal defense argues that it bears no legal responsibility for fraud on its platforms, stating it has no obligation to resolve user fraud issues [4] - Analysts suggest that Meta's resource allocation indicates that combating fraud is not a top priority, with more focus on issues like human trafficking and self-harm content rather than fraud prevention [5]