A recent analysis uncovered over 4,000 fake domains impersonating well-known brands, promoting scam ads mainly on Facebook Marketplace. This trend, labeled 'GhostVendors', exploits loopholes in Meta's advertising system. Ads often feature unrealistically low prices and phrases suggesting urgency, prompting consumers to make quick purchases. Victims frequently lose money without receiving their orders, facing financial fraud and stolen payment information. The scope of these scams is extensive, affecting global consumers and highlighting serious flaws in Meta's advertising regulatory framework.
More than 4,000 fake domains impersonating popular brands have been spotted, pushing scam ads on Facebook Marketplace, exploiting loopholes in Meta's ad policies.
Scam ads use unrealistically low prices and urgency-inducing keywords like 'clearance' to lure victims into believing they're landing a great deal.
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