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Senators Demand Investigation into Meta's Scam Ad Profits

11/24/2025

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Summary

Story summary

Sen. Josh Hawley (R-Mo.) and Sen. Richard Blumenthal (D-Conn.) urged the Federal Trade Commission and the Securities and Exchange Commission to investigate Meta Platforms for profiting from scam ads on Facebook and Instagram.
They cited a Reuters report that Meta expected to earn about $16 billion from illicit ads in 2024.
They criticized Meta's anti-fraud measures and argued Meta's actions have contributed to consumer losses from scams.

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Story summary

Sen. Josh Hawley (R-Mo.) and Sen. Richard Blumenthal (D-Conn.) urged the Federal Trade Commission and the Securities and Exchange Commission to investigate Meta Platforms for profiting from scam ads on Facebook and Instagram.
They cited a Reuters report that Meta expected to earn about $16 billion from illicit ads in 2024.
They criticized Meta's anti-fraud measures and argued Meta's actions have contributed to consumer losses from scams.