Chinese Scam Ads Exposed: The $18 Billion Secret You Need to Know
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Chinese Scam Ads Exposed: The $18 Billion Secret You Need to Know
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In this episode, David Lam and Steve Ispas discuss how Meta relies heavily on Chinese advertisers (accounting for 10% of total revenue, or nearly $18 billion), even as the platform is flooded with illegal gambling, pornography, and counterfeit goods scams.
0:00 - Intro: The Rise of Chinese Scam Ads
0:48 - Why Meta Disbanded the Team Fighting These Scams
2:55 - Examples: Gambling, Porn, and Fake "Clearance" Sales
4:00 - How Chinese Scam Ads Generate $18 Billion for Meta
8:30 - "Indefensible": Insiders React to the Scandal
12:35 - US Senators Call for Investigation into Chinese Ads
13:40 - Viewer Comments: Data Privacy & Tech Ethics
16:56 - Question: Have You Been Targeted by Chinese Scam Ads?
Have you spotted any obvious Chinese scam ads on your feed recently? Did you report them, and did Meta take action? Let us know in the comments!
#ChineseScamAds #MetaScams #FacebookFraud #SiliconValleyFrontRow #TechNews #OnlineSafety #AdFraud #ConsumerAlert