Page 54 - Dick Smith News Today

SYDNEY: Australia announced on Friday it is suing Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be endorsed by prominent figures.

SYDNEY: Australia announced on Friday it is suing Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be endorsed by prominent figures.

The ads used photographs of leading Australians such as Fortescue boss Andrew Forrest and former NSW premier Mike Baird to lure in victims without the public figures’ permission.

In a statement, the ACCC said scam ads on the platform featuring the likenesses of businessman Dick Smith, Sunrise presenter David Koch and former NSW

Australia announced Friday it is suing Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be endorsed by prominent figures.

The ads promoted cryptocurrency investments and linked to fake media articles that endorsed the schemes.

The Australian consumer watchdog has taken Facebook parent Meta to the Federal Court, accusing the company of placing false, misleading or deceptive a...

Dick Smith, Andrew Forrest among prominent people used on cryptocurrency and other scam ads without approval

Australia announced Friday it is suing Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be endorsed by prominent figures.

Australia announced Friday it is suing Facebook owner Meta over scam adverts for cryptocurrency schemes that falsely claimed to be endorsed by prominent figures. Australia's consumer protection commission said it had started Federal Court proceedings against Meta Platforms for "false, misleading or deceptive conduct" in breach of consumer or securities laws. It accused Meta of