Story perspectives

Meta Removes 159 M Scam Ads as FTC Reports $2.1 B Losses

4/29/2026

Summary

Story summary

Meta platforms displayed up to 15 billion high-risk scam ads daily, earning about $7 billion a year.
The Federal Trade Commission said U.S. consumers lost $2.1 billion to social-media scams in 2025, including $794 million from Facebook.
Meta removed more than 159 million scam ads and cut user-report rates per ad view by over 55 percent.
The FTC warned users to limit post visibility, avoid online investment advice, and search for “scam” before buying.

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Story summary

Meta platforms displayed up to 15 billion high-risk scam ads daily, earning about $7 billion a year.
The Federal Trade Commission said U.S. consumers lost $2.1 billion to social-media scams in 2025, including $794 million from Facebook.
Meta removed more than 159 million scam ads and cut user-report rates per ad view by over 55 percent.
The FTC warned users to limit post visibility, avoid online investment advice, and search for “scam” before buying.