Get Our Email Newsletter

Facebook May Have Revealed Massive Fraud; Deleting 1.3B Fake Accounts

This Monday, Facebook announced that it had deleted 1.3 billion fake accounts between October and December. While the effort is being touted by the social media platform as part of its effort to fight disinformation, the president and CEO of Media Matters for America (MMFA) said it actually shows the opposite and raises a “big question about consumer fraud that needs to be asked.”

According to Angelo Carusone of the watchdog group Media Matters, while judging Facebook’s effort, one must look at “all the advertisers on the platform (political orgs, civic groups, corporations).”

“Facebook took money from advertisers, then FB showed those ads to fake accounts they let proliferate on the platform unchecked,” Carusone wrote in a Twitter thread. “It’s fraud.”

- Digital Partner -

“Every FB advertiser should demand a refund for any money FB charged them to serve ads to these fake accounts,” Carusone continued. “Only way Facebook will start addressing this on an ongoing basis and not once every few years is if it costs them money. A refund bare minimum.”

Carusone contends that the action shows that Facebook wasn’t effective at addressing the problem of disinformation – it’s proof of how ineffective and negligent they have been. “1.3 billion accounts were able to proliferate…before they acted? They waited until October? Not earlier. C’mon… ”  Raw Story

Loss Prevention Magazine updates delivered to your inbox

Get the free daily newsletter read by thousands of loss prevention professionals, security, and retail management from the store level to the c-suite.

What's New

Digital Partners

Become a Digital Partner

Violence in the Workplace

Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.

Webinars

View All | Sponsor a Webinar

Whitepapers

View All | Submit a Whitepaper

LP Solutions

View All | Submit Your Content

Loss Prevention Media Logo

Stay up-to-date with our free email newsletter

The trusted newsletter for loss prevention professionals, security and retail management. Get the latest news, best practices, technology updates, management tips, career opportunities and more.

No, thank you.

View our privacy policy.