META Under Fire as ‘Scam Ads’ Allegations Trigger Calls for FTC and SEC Probe

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Among the startling examples cited was a fake advertisement impersonating President Donald Trump, falsely claiming he was distributing $1,000 to food assistance recipients.

High-Stakes Implications for Tech Regulation

This revelation comes despite the company’s claims that reports of scam ads have declined by 58% over the past 18 months—figures lawmakers say may not reflect the full extent of the problem.

The senators warn that the alleged link between META’s revenue and scam ads could reshape the regulatory landscape. With much of META’s business reportedly tied to high-risk advertising, any FTC or SEC investigation could fundamentally alter how the company—and the tech sector at large—handles digital advertising and consumer safety.

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