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Frankfurt Court Orders Meta to Halt Fake Financial Ads

By Drooid · · How we work

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Story summary
  • A Frankfurt regional court held Meta liable for fake ads that used a financial-advice website’s logo and founder’s photos.
  • The court cited an EU Court of Justice ruling that service providers are liable for content they control.
  • Meta was ordered to stop publishing the ads, compensate the claimant and disclose the revenue generated.
  • Meta said it removed the content after reporting and is considering further legal steps, including an appeal.