alt Hacker NewsSwedish publishers file police report against Meta's Zuckerberg for fraud
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This should be just the begging as Social Media companies will not be able to just declare themselves over the law on fraud claims.
Related:
- "Social media giants liable for financial scams under new EU law " https://www.politico.eu/article/social-media-giants-meta-tik...
- "Meta is earning a fortune on a deluge of fraudulent ads, documents show" https://www.reuters.com/investigations/meta-is-earning-fortu...
My (swedish) grandfather keeps falling for these Meta scams. Scrolling through his feed is insane and disgusting. So many ads that mimick OS alerts saying storage is low, insane amounts of AI crap and fake products. I 100% agree with this. Try scrolling through your grandparents’ Instagram or Facebook and see for yourself. It’s obviously _very_ easy for Meta to filter out these scams, but they choose not to.
Related:
Meta is earning a fortune on a deluge of fraudulent ads
Lord Zuckerberg is above the law everywhere in the world! 100% guarantee nothing will come of this.
I am not familiar with the legal system in Sweden, but it seems odd that it would be a police report instead of a lawsuit.
Interesting that he's named personally. Can any Swedish person explain whether this is the normal process?
I don’t think there’s a story here, it’s a police report, not even a lawsuit.
There’s no skin in the game required when filing a police report.
There is a deluge of financial scams across all Meta platforms but also Twitter. A centralized platform have all the right to moderate content, but they must also be liable for obvious scams.
Either you are an open messenger like the postal service or an ISP. Or you own the platform. You cannot have it both ways.
I never understood why they all get away with doing nothing. Meta's own investigation showed 10%+ of all revenue is from outright scams, and all they do is charge the scammers a premium.
I have reported scams myself and have been completely stonewalled just like everyone else. They obviously earn a lot of money by looking the other way. That can't possibly be legal in any jurisdiction. Let's hope the Swedish justice system takes this seriously and sets an example for others.