Fortescue mining magnate sues Facebook over ‘advertising scams’

South Africa News News

Fortescue mining magnate sues Facebook over ‘advertising scams’
South Africa Latest News,South Africa Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Australian billionaire Andrew Forrest has accused the social media platform of failing to root out criminals

Iron ore magnate Andrew Forrest said on Thursday he is launching criminal proceedings against Meta Platform’s Facebook in an Australian court, alleging that it breached anti-money laundering laws and its platform is used to scam Australians.

It also alleges Facebook was criminally reckless by not taking sufficient steps to stop criminals from using its social media platform to send scam advertisements to defraud Australian users. “This action is being taken on behalf of those everyday Australians — mums and dads, grans and grandads — who work all their lives to gather their savings and to ensure those savings aren’t swindled away by scammers,” Forrest said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Temba Bavuma admits captaincy can be tough and lonelyTemba Bavuma has described his journey as Proteas limited overs captain as ‘tough and lonely’ at times.
Read more »

Fight over Koeberg ensnares energy ministerFight over Koeberg ensnares energy ministerSA Energy Minister GwedeMantashe1 is being sued following the suspension of a National Nuclear Regulator board member who also works with a civil society group fighting against the lifetime extension of the continent’s only nuclear reactor. Moneyweb
Read more »

Coup season in the Sahel raises uncomfortable questionsCoup season in the Sahel raises uncomfortable questionsCoup season in the Sahel raises uncomfortable questions - Beset by political instability, the region is also the canary in the climate change coal mine
Read more »

No ‘outsiders’ for schools senior jobs - Limpopo villagersParents at a village school in Limpopo are demanding that senior management posts advertised last year be given to qualified officials from the school and not outsiders, as has been the case.
Read more »

Meta plummets 20% amid pressure from TikTok and AppleThe Facebook owner posted a weaker-than-expected forecast
Read more »

Woman sues London fund for sex discrimination after being firedFormer banker says dismissal from Genesis Investment Management came after complaints about her management style
Read more »



Render Time: 2025-02-27 04:01:54