Article 6C7NG Victims speak out over ‘tsunami’ of fraud on Instagram, Facebook and WhatsApp

Victims speak out over ‘tsunami’ of fraud on Instagram, Facebook and WhatsApp

by
Jess Clark and Zoe Wood
from Technology | The Guardian on (#6C7NG)

Exclusive: Calls for Meta to curb rise in scams on its platforms, which will cost UK households 250m this year

The social media giant Meta is facing growing pressure from MPs, consumer groups and the UK banking sector over its failure to prevent a tsunami" of fraud on Facebook, Instagram and WhatsApp, where Britons are losing life-changing" sums every day.

It comes as a Guardian investigation reveals the human stories behind scams that originate on Meta's platforms, with a nationwide estimate released this week predicting the tech firm's failure to stamp out fraud will cost UK households 250m during 2023.

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