Scam ads Archives - EFRI identifies financial crime enablers to curb cyberfraud

Poland wants Meta fined €250 Mio over Scam Ads. But What About the Victims?

Poland Wants Meta Fined €250 Million Over Scam Ads. But What About the Victims? In June we argued on this site that EU fines will not repay scam victims, and that a redress fund is needed. Poland’s demand of 27 August gives that argument a live test case, and this

31 August 2026 No Comments

illegal content on social media platfroms

A historic chance to reduce illegal content on social media platforms!

Out of about 1.100 victims registered with EFRI, more than 620 (about 57%) victims told us that they got lured into investments scams by fake or misleading ads on social media platforms like Facebook or Instagram. These findings correlate with the British Action Fraud findings from the report dated end

30 January 2022 No Comments