Meta, Google aiding in removing fake investment adsBy Kao Shih-ching / Staff reporterFrom April 10 to Friday last week, Meta Platforms Inc and Google Taiwan removed a combined 1,363 scam investment advertisements from their platforms, the Financial Supervisory Commission said yesterday, as it warned of the continuing prevalence of fraudulent information. That compares with the 39 scam ads they deleted a month earlier, the commission said. During the period, the commission detected 1,615 ads that were highly likely to be scams to Meta, the owner of Facebook and Instagram, and Meta removed about 83 percent of them, or 1,338 ads, it said. Photo: Tyrone Su, ReutersThe commission found 105 suspicious ads on Google during the same period, with Google deleting 25 ads, or 24 percent of the total, it said. Besides partnering with online platforms, the commission said it is to tighten the Securities Investment Trust and Consulting Act (證券投資信託及顧問法) to curb investment misinformation.

Source: Taipei Times May 25, 2023 18:38 UTC