{"id":4484,"date":"2026-06-22T00:56:39","date_gmt":"2026-06-22T00:56:39","guid":{"rendered":"https:\/\/usglobalnews.com\/2026\/06\/22\/meta-accused-of-profiting-from-scams-targeting-us-retirees\/"},"modified":"2026-06-22T00:56:39","modified_gmt":"2026-06-22T00:56:39","slug":"meta-accused-of-profiting-from-scams-targeting-us-retirees","status":"publish","type":"post","link":"https:\/\/www.usglobalnews.com\/?p=4484","title":{"rendered":"Meta accused of profiting from scams targeting US retirees"},"content":{"rendered":"

Advocacy groups have urged Congress to investigate claims that the tech giant benefited from fraudulent campaigns aimed at seniors<\/strong><\/p>\n

Several US retirement advocacy groups have urged Congress to investigate Meta, accusing the tech giant of allowing fraudulent ads targeting seniors to proliferate while profiting from the campaigns, Politico reported on Thursday, citing a letter<\/a> sent to leaders of the House Homeland Security Committee.<\/p>\n

Meta, the parent company of Facebook, Instagram, WhatsApp, and Threads, has faced mounting scrutiny in recent years over issues ranging from misinformation and online fraud to data privacy, antitrust concerns, and the impact of its platforms on young users’ mental health.<\/p>\n

The groups \u2013 including the Alliance for Retired Americans, the American Postal Workers Union Retirees, and the American Federation of Teachers \u2013 alleged that Meta has failed to act quickly enough against fraudulent advertising campaigns, exposing seniors to significant financial risks.<\/p>\n

\u201cFraudulent Medicare ads have proliferated on Meta platforms and too many seniors are getting scammed while Meta profits,\u201d<\/em> Richard Fiesta, executive director of the Alliance for Retired Americans, told Politico. \u201cWe are calling on Congress to investigate how these scams are allowed to spread, what Meta knew about them, and why stronger protections are not in place. Seniors should not be left vulnerable while scammers and tech companies cash in.\u201d<\/em><\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"RT\"
Meta and Google fined for causing child addiction<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

A Meta spokesperson rejected the criticism, telling the outlet that the company actively combats increasingly sophisticated scams and works closely with law enforcement agencies to identify and dismantle criminal networks.<\/p>\n

The latest allegations add to a growing list of challenges facing the company. Earlier this year, a bipartisan group of lawmakers pressed Meta CEO Mark Zuckerberg over the effectiveness of the firm\u2019s anti-fraud measures. In November, lawmakers also called for a federal investigation after a Reuters report cited internal documents suggesting fraudulent advertising could account for roughly 10% of Meta\u2019s 2024 revenue.<\/p>\n

The company continues to face regulatory pressure worldwide. In Europe, Meta is contesting a \u20ac797 million ($915 million) antitrust fine while also dealing with ongoing investigations related to competition, privacy, and digital advertising practices.<\/p>\n

In Russia, Meta has been designated an extremist organization.<\/p>\n","protected":false},"excerpt":{"rendered":"

Advocacy groups have urged Congress to investigate claims that the tech giant benefited from fraudulent campaigns aimed at<\/p>\n","protected":false},"author":0,"featured_media":4485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/4484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4484"}],"version-history":[{"count":0,"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/4484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=\/wp\/v2\/media\/4485"}],"wp:attachment":[{"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}