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October 23, 2026 ai_technology payments

Rhode Island Lawsuit Claims Meta Knowingly Profits From Financial Scam Ads

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Overview

Rhode Island Attorney General Peter F. Neronha sued Meta Thursday (Oct. 22), alleging that the company fails to block advertisements for fraudulent products and financial scams on its platforms, Neronha said in a press release. The lawsuit alleged that Meta knows “that scam ads cause significant financial harm to vulnerable consumers”; allows the ads “because […] The post Rhode Island Lawsuit Claims Meta Knowingly Profits From Financial Scam Ads appeared first on PYMNTS.com.

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