Meta Platforms’ Facebook is facing online fraud lawsuits in Thailand for allegedly facilitating fraud and being an accomplice with scammers. The Digital Economy and Society Ministry plans to seek a court order to shut down Facebook in Thailand. The ministry blames Facebook for not helping to screen scammers’ sponsored pages despite requests to take down scam advertisements. Scams on Facebook include luring users to invest in fake companies and trade digital currencies, as well as impersonating government bodies and famous people to deceive investors. Separately, the Royal Thai Police will file lawsuits against the scammers and Facebook in both criminal and civil courts. Facebook, with 65 million users in Thailand, has cooperated in blocking scam pages but more efforts are needed.
- Facebook is accused of failing to help screen scam advertisements despite requests from the ministry and government agencies.
- Scammers on Facebook lure users to invest in fake companies and trade digital currencies.
- The scammers also impersonate government bodies and famous individuals and companies to deceive investors.
- The Royal Thai Police will file separate lawsuits against the scammers and Facebook in criminal and civil courts.
- Facebook has cooperated in blocking scam pages, but more needs to be done to address the issue.
Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.
