Meta Platforms(US:META) Xin Lang Cai Jing·2025-11-09 07:04Core Viewpoint - Meta has been accused of generating approximately $16 billion (about 114 billion yuan) in revenue from fraudulent and prohibited advertisements, which constitutes about 10% of its projected revenue for 2024. The company has reportedly failed to effectively identify and block a significant number of these ads over the past three years, exposing billions of users to various scams and illegal products [1]. Group 1: Financial Impact - Internal documents suggest that Meta could face regulatory fines of up to $1 billion related to fraudulent advertisements, while the company earns about $3.5 billion every six months from high-risk scam ads [1]. - Meta's spokesperson, Andy Stone, stated that the estimate of 10.1% of revenue from fraudulent and prohibited ads is "rough and overly inclusive," indicating that the actual figure is lower, although no updated data was provided [1]. Group 2: Regulatory Scrutiny - The U.S. Securities and Exchange Commission (SEC) is currently investigating Meta for its role in promoting financial scam advertisements [1]. - As of 2025, Meta has reportedly removed over 134 million pieces of fraudulent advertisement content [1].