Investment Scams on Facebook Addressed by State Attorneys General
Table of Contents
- Investment Scams on Facebook Addressed by State Attorneys General
State attorneys general are urging Meta to combat the rise in investment scams on Facebook, while female athletes appeal the NCAA settlement, citing Title IX concerns.
By Amelia Quinn | WASHINGTON, D.C. – 2025/06/17 16:28:29
State AGs Target Investment Scams on Facebook
Led by New York Attorney General letitia James, a coalition of state attorneys general is pressuring Meta to address the proliferation of investment scams on Facebook. James stated that “Thousands of Facebook users have lost hundreds of millions of dollars to thes scams.” The attorneys general are seeking more robust measures from Meta to protect users from fraudulent investment schemes.
Thousands of Facebook users have lost hundreds of millions of dollars to these scams.
Female Athletes Challenge NCAA Settlement
Eight female athletes are appealing the recent House v. NCAA settlement, arguing that it violates Title IX. They contend that the settlement deprives women of $1.1 billion, representing their fair share of the $2.7 billion allocated to athletes for back pay related to name, image, and likeness deals.
Walmart Heiress Criticizes Trump in Newspaper Ad
Walmart heiress Christy Walton has once again taken out a newspaper ad to criticize President Donald Trump. Echoing her March actions, Walton’s ad calls on Americans to “defend against aggression by dictators” and participate in weekend protests. Walmart clarified in a statement that Walton’s views are not endorsed by the corporation.
The Impact of Caitlin Clark’s Absence on WNBA Ratings
With the WNBA’s top ratings driver, Caitlin Clark, sidelined due to injury, questions arise about the Indiana Fever’s performance. Viewership data is being closely examined to assess the impact of Clark’s absence.
Frequently Asked questions
- What are the common signs of an investment scam?
- Common signs include guaranteed high returns with little to no risk, unregistered investments, overly complex strategies, and pressure to invest quickly.
- What should I do if I suspect I’ve been targeted by an investment scam?
- Instantly stop all dialog with the scammer, gather all relevant documents, and report the scam to the FTC and SEC.
- How can social media platforms better protect users from investment scams?
- Social media platforms can implement stricter verification processes for investment-related ads, use AI to detect and remove fraudulent content, and increase user education about common scam tactics.
Movers and Shakers
Jacqueline Ardrey is leaving Vera Bradley after approximately two and a half years as CEO.
Chanel named Ruth Warder global chief communications officer. Most recently, she was CEO for the U.K. and Ireland and EMEA brand chair at Edelman.
ASRC Federal appointed Ann Stevens as chief strategy officer. Most recently, she was VO of maritime and intelligence systems at Boeing.
Instabase, an AI platform for managing unstructured data, appointed Sumita Sharma as chief revenue officer. Most recently, Sharma was VP, strategic west at Palo Alto Networks.
Kynisca, a women’s sports organization founded by Michele Kang, appointed Jennifer LaMothe as chief people and culture officer. LaMothe was most recently chief administration officer at Cognosante.
On My Radar
AFL-CIO president Liz Shuler on the value of Trump: “The best organizer is a bad boss.”
The moms trying to delay their daughters’ periods.
Did she or didn’t she? She did, and she’ll tell you exactly how (Kylie Jenner plastic surgery).
Parting Words
“I already have one opponent. I don’t need two.” – Tennis champion Coco Gauff,who just became the first American woman in 10 years to win the French Open,on not being her own worst enemy.
