Facebook Has A Thriving Black Market Of Fraudulent Ad Accounts, Passports And Driver’s Licenses

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Scammers claim their wares enable buyers to run Facebook ads — including political ads in countries other than their own — without complying with the company’s verification requirements. Read more:

A post in a different group, “Verified bm trusted market,” promised access to an account approved for running ads about “social issues, elections or politics” in Germany last October, one month after the country’s federal election.

Tech Transparency Project director Katie Paul discovered more than 100 Facebook groups, collectively numbering over 530,000 members, that offered to sell accounts which the sellers claim are already approved to run ads, enabling a purchaser to avoid Facebook’s verification process. Paul discovered the black market by searching Facebook for phrases such as “ad approved account,” “buy and sell business accounts,” and “verified ad account.

In an email, Meta spokesperson Erin McPike said, “We’ve removed these groups for violating our policies. We are always improving how we detect and take action against violating activity and encourage people to report this behavior when they see it.”contacted five Facebook users who moderated groups flagged by Paul, and said they had Business Manager accounts for sale. One seller offered a Bangladeshi account, which he said was verified to run political ads in Bangladesh, for $100.

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Hackers have been able to bill credit cards connected to the stolen business accounts on Facebook and Instagram, with thousands of dollars worth of advertising expenses. This is definitely an area of improvement. meta whatsapp markzuckerberg

🫠 that’s why blocking&muting jumped 1000%

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