German Court Rules Meta Liable for Fake Ads on Instagram, Facebook
18 Articles
18 Articles
The district court Frankfurt am Main has passed a verdict on fraudulent advertisements on social media. According to this Meta must be liable for fake advertising and stop the spread. What does the plaintiff, the Saarlander and well-known financial influencer Thomas Kehl say?
Fraudsters advertise dubious investments on social media platforms with fake profiles and the face of a well-known financial expert. A court is now taking Meta into account.
Court orders tech firm to remove fake ads, compensate plaintiffs and disclose revenue generated from advertisements
German court rules Meta liable for fake ads on Instagram, Facebook
German Court Rules Meta Liable for Fake Instagram and Facebook Ads, Orders Removal and Damages
A German court has ruled that Meta is liable for fake advertisements posted by third parties on its Instagram and Facebook platforms, and ordered the U.S. tech giant to remove such content and pay damages, the court said on Thursday.The lawsuit was brought by the operator of a German financial portal and its founder, whose trademarked logo and image were used without consent in posts recommending investments allegedly with fraudulent intent.T…
Fraudsters use the good image of influencers or experts to lure investors into the trap. According to a verdict, platforms have the responsibility to prevent scams.
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