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Meta shows users about 15 billion fraudulent ads daily, despite acknowledging the issue. Internal documents reveal the company is hesitant to fully combat fraud due to potential revenue loss, while regulators are increasing pressure for better protections.
Southeast Asia has emerged as a significant hub for various online scams, prompting international scrutiny and sanctions against the region. The article discusses how these illicit activities are facilitated by sophisticated networks, and highlights the need for stronger regulatory measures to combat the growing threat.