Meta Faces Calls For Federal Scrutiny After Report Claims Revenue From Fraudulent Ads

According to a Reuters report, in a joint letter to the Federal Trade Commission and the Securities and Exchange Commission, the lawmakers called for immediate investigations.
Mark Zuckerberg's personal Facebook account is displayed on a mobile phone with the Meta logo.
Mark Zuckerberg's personal Facebook account is displayed on a mobile phone with the Meta logo. (Photo by Jonathan Raa/NurPhoto via Getty Images)
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Shivani Kumaresan·Stocktwits
Published Nov 24, 2025   |   7:05 AM EST
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  • A recent Reuters report claimed that Meta earned a substantial portion of its revenue from fraudulent or banned ads.
  • The senators demand that Meta return the ill-gotten earnings, pay fines, and stop running such content. 

U.S. Senators Josh Hawley and Richard Blumenthal have reportedly urged the Federal Trade Commission (FTC) to scrutinize Meta Platforms Inc. (META) for allegedly profiting from scam advertising on Facebook and Instagram.  

According to a Reuters report, in a joint letter to the Federal Trade Commission and the Securities and Exchange Commission (SEC), the lawmakers called for immediate investigations. 

Allegations

The move comes after a recent Reuters report claimed that Meta earned a substantial portion of its revenue from fraudulent or banned ads. The senators demand that Meta return the ill-gotten earnings, pay fines, and stop running such content.  

Get updates to this developing story directly on Stocktwits.

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