META

<p>Meta faced significant ad fraud from Chinese advertisers, leading to over $3 billion in revenue from scams and banned content. Despite initial efforts to combat this, including forming an anti-fraud team, CEO Mark Zuckerberg's intervention led to the disbanding of the team and a resurgence of fraudulent ads. Meta's actions have raised concerns about consumer protection and systemic corruption in its ad practices.</p>

- Meta's advertising revenue from China reached over $18 billion in 2024, with approximately $3 billion attributed to scams and illegal content.  
- Despite creating an anti-fraud team that reduced problematic ads, CEO Mark Zuckerberg disbanded it, leading to a resurgence of banned ads, which climbed to 16% of China's revenue by mid-2025.  
- Internal documents reveal that Meta's policies and practices have fostered systemic fraud, prompting calls for regulatory scrutiny from U.S. senators.

SPECIAL REPORT-Meta tolerates rampant ad fraud from China to safeguard billions in revenue