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British Campaigner Sues Facebook Over Fake Ads

British campaigner to sue Facebook over fake ads

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British consumer campaigner Martin Lewis is suing Facebook for defamation after dozens of fake advertisements bearing his name were published on the social media platform.

The founder of MoneySavingExpert.com — a British consumer finance information website — said that at least 50 fake ads bearing his name appeared on the social media platform, causing reputational damage to him, BBC reported late on Sunday.

Lewis is due to lodge court papers at the High Court for a defamation case against Facebook on Monday. He is seeking damages but pledged that the money would go to anti-scam charities, the report noted.

Several advertisements allegedly show his face alongside endorsements that he has not made.

Representational image for Facebook.
Representational image. Pixabay

“These adverts tout schemes with titles such as Bitcoin code and Cloud Trader which, according to Lewis, are fronts for binary trading firms outside the European Union (EU),” BBC said.

Binary trading is a form of financial transaction which British financial regulatory body Financial Conduct Authority (FCA) has warned consumers against.

According to Lewis, a woman had spent 100,000 pounds ($140,000) in “a binary trading nightmare” that had attached his name to its advertising.

“I get about five messages a day from people saying, ‘I’ve just seen your Bitcoin ad and wanted to check it.’ If that is the number who get through to me, how many more must be just taken in?” Lewis was quoted as saying.

Also Read: Facebook introduces new privacy updates for EU users

He said Facebook had failed to stop the adverts despite his complaints and action.

“It is consistent, it is repeated. Other companies who have run these adverts have taken them down. What is particularly pernicious about Facebook is that it says the onus is on me, so I have spent time and effort and stress repeatedly to have them taken down,” he said.

Meanwhile, Facebook said the misleading ads are not allowed and any reported are removed.  IANS

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Hillary Clinton Wishes to Head the Facebook

The former US presidential candidate was at Harvard on Friday receiving the Radcliffe Medal, which honours people who have "had a transformative impact on society".

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In a bid to prevent foreign interference into elections, facebook has also begun labelling all political and issue ads in the us -- including a
Hillary Clinton is willing to head the Social media giant, Facebook. VOA

Former US Secretary of State Hillary Clinton might be willing to swap a life in politics to lead the world’s largest social-networking company, a media report said.

On being asked by Attorney General Maura Healey, a democrat from Massachusetts, which company she would want to be the CEO of, Clinton didn’t pause before quickly answering “Facebook”, CNET reported on Friday.

“It’s the biggest news platform in the world. Most people in our country get their news — true or not from Facebook,” Clinton was quoted as saying.

In a bid to prevent foreign interference into elections, facebook has also begun labelling all political and issue ads in the us -- including a "paid for by" disclosure from the advertiser at the top of the advertisement.
Facebook CEO of Mark Zuckerberg Wikimedia commons

The former US presidential candidate was at Harvard on Friday receiving the Radcliffe Medal, which honours people who have “had a transformative impact on society”.

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Facebook is working to win back its users’ trust following a series of recent controversies, including the Cambridge Analytica scandal, in which data from as many as 87 million Facebook users was improperly shared with the political consultancy.

In a bid to prevent foreign interference into elections, Facebook has also begun labelling all political and issue ads in the US — including a “Paid for by” disclosure from the advertiser at the top of the advertisement.

Advertisers wanting to run ads with political content in the US will also need to verify their identity and location. (IANS)

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