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META

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Meta projected that 10% of its overall sales in 2024, or about $16 billion, came from running online ads for scams and banned goods, according to a Thursday report from Reuters .

Those kinds of ads included promotions for "fraudulent e-commerce and investment schemes, illegal online casinos and the sale of banned medical products," according to the Reuters report, which was based on internal company documents. Those documents showed the company's attempts to measure the prevalence of fraudulent advertising on its apps like Facebook and Instagram.

Meta brought in more than $164.5 billion in overall sales for 2024. Last week, the company said that third-quarter sales rose 26% year-over-year to $51.24 bi

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