Senators Want FTC to Probe Meta for Profiting from Fraudulent Ads

Sens. Josh Hawley (R-Mo.) and Richard Blumenthal (D-Conn.) sent a letter to regulators, requesting an investigation into Meta for allegedly profiting from fraudulent advertisements. The letter, sent to Federal Trade Commission (FTC) Chair Andrew Ferguson and Securities and Exchange Commission (SEC) Chair Paul Atkins, calls on their agencies to “investigate and, if appropriate, bring enforcement actions against Meta for its facilitation of and profiting from criminal investment scams, fake government benefits schemes, deepfake pornography, and other fraudulent activities.”