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HomeCrime and JusticeFacebook Lets Fraudsters Post Again, Security Expert Warns

Facebook Lets Fraudsters Post Again, Security Expert Warns

Swedish Artists Take on Meta over Fake Ads

Millions of people in Sweden are exposed to fake accounts and fake ads on a daily basis. This is what prompted some of Sweden’s most well-known artists to write an open letter against the company Meta, which owns Facebook and Instagram. Opera singer Rickard Söderberg is just one of the artists involved in the initiative. He himself has been featured in a series of deceptive ads for slimming products.

Experts Say Meta Not Doing Enough to Combat Fraud

Karl Emil Nikka, an expert in network security, has helped TV4 investigate hoax ads on major platforms in the past. He says that Meta does not want to put in the necessary resources to combat these fraudulent activities and that they allow obvious fraudsters to publish again. DN has asked Meta for comment on this, to which their Nordic manager Cecilia Sundström replied that they are “well aware of the problem” and “constantly trying to combat it”.

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Police Close Case Against Rickard Söderberg

Rickard Söderberg has reported the ads to the police but the case was closed. Stefan Lundberg, who works with prevention at the National Fraud Center, NBC, says that this type of fraud is international and has been around for many years in Sweden. He believes that a great responsibility rests on the ad platforms, such as Facebook, who should be aware of these deceptive activities.

Fraudulent Activities on Social Media a Worldwide Problem

Maja Rogemyr, a lawyer at the Swedish Consumer Agency, states that there is no supervision against Meta right now but that new EU regulations concerning online platforms’ responsibility for dealing with illegal content are underway.

New EU Regulations Could Hold Social Media Companies More Accountable

The new EU regulations could hold social media companies more accountable for fraudulent activities on their platforms. This could mean that Meta would be fined for allowing fake ads to be published. It could also mean that Meta would be required to take more proactive steps to combat fraud, such as using artificial intelligence to detect and remove fake accounts and ads.

What You Can Do to Protect Yourself from Fraudsters on Social Media

If you are affected by fraudsters on social media, it is important to report it to the police and inform your followers so that they become more aware of this issue. It is also important to note that this problem extends beyond Facebook and other programmatic advertisers in other media houses are also affected.

Here are some tips to protect yourself from fraudsters on social media:

  • Be wary of any ads that seem too good to be true.
  • Do not click on links in unsolicited messages.
  • Be careful about what personal information you share on social media.
  • Report any suspicious activity to the social media platform and the police.

By following these tips, you can help to protect yourself from fraudsters on social media.

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