Australia sues Facebook for impersonating celebrities in fraud adverts

            Australia has filed a lawsuit against Facebook’s parent corporation Meta, saying that it allowed scam advertising with phoney celebrity endorsements to target users.

For reportedly running advertisements for fraudulent cryptocurrency, the US corporation might face financial and other sanctions. The ads in question targeted vulnerable people using Facebook’s algorithms and incorporated phoney quotations from Australian celebrities. “The basis of our argument is that Meta is liable for the advertisements that it posts on its platform”, ACCC chairman Rod Sims said in a statement on Friday. According to the Australian Competition and Consumer Commission (ACCC), the adverts in question targeted vulnerable people using Facebook’s algorithms and contained fake statements from Australian celebrities.