Reported 3 days ago
Meta Platforms has implemented stricter advertising rules for financial products aimed at Australians to combat increasing scams on its platforms, Instagram and Facebook. Following the removal of 8,000 deceptive 'celeb bait' ads, advertisers must now verify their beneficiary and payer information, including their Australian Financial Services License number, before running financial ads. This initiative aims to protect consumers from sophisticated scams that exploit famous personalities to mislead the public into fake investment schemes.
Source: YAHOO