Feb 3, 2022

Andrew Forrest: Australian billionaire launches criminal case against Facebook

An Australian billionaire has launched a criminal case against Facebook, alleging the company failed to prevent scam ads that used his image. Rew Forrest argues Facebook breached Australian anti-money laundering laws over the spread of cryptocurrency cons. Facebook's owner, Meta, did not comment on Dr Forrest's case but said it was "Committed to keeping those people [scammers] off our platform". Dr Forrest, who is chairman of miner Fortescue Metals, alleged Facebook had been "Criminally reckless" in not doing more to halt the ads, which first appeared in early 2019.The scams use his image - and those of other celebrities - to promote bogus investments that promise riches. Although Facebook bans such ads, many still appear on the platform.

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