Billionaire Andrew Forest Takes Legal Action against Facebook Scam Ads

By Yasmine Jarmakani, Lifestyle Editor, The Pawprint

The Australian billionaire Andrew Forest has taken legal action over Facebook alleging that he breached money laundering laws by using his image in scam ads. 

This is the first time Facebook has faced criminal charges. The charge states that Facebook has not taken sufficient legal action against criminals and scammers from using their platform to send spam advertisements, promotions, investments and cryptocurrency. 

But Forest said he wanted social media companies to use their systems to protect vulnerable people. “Social media is part of our lives, but it’s in the public interest for more to be done to ensure fraud on social media platforms is eliminated or significantly reduced”