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We call it Headline Over Filing: the document underneath says something else. You'll see it again. Learn to spot it →
Say this in tomorrow's meeting“The $16 billion is a year-old Meta projection covering scams and banned goods. Its own fraud-only figure is $7 billion a year. Still huge, and Meta only bans at 95% certainty.”
Receipts
Supportsfinance.yahoo.com: Mark Cuban says Facebook knowingly runs AI deepfake scam ads as Meta docs reveal $16 billion in fraud-linked revenue
Supportsfinance.yahoo.com: Facebook knows the little old ladies are getting ripped off
Supportsfinance.yahoo.com: Those ads are deepfakes built with an AI copy of his face and voice, Cuban said, and Meta (NASDAQ:META) runs them anyway
Contextfinance.yahoo.com: On Nov. 6, 2025, Reuters reported on internal Meta documents
Contextweb.archive.org: Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods
Contextweb.archive.org: Meta internally projected late last year that it would earn about 10% of its overall annual revenue
Refutesweb.archive.org: Meta earns about $7 billion in annualized revenue from this category of scam ads each year
Supportsweb.archive.org: the company only bans advertisers if its automated systems predict the marketers are at least 95% certain to be committing fraud
Refutesweb.archive.org: The company had later determined that the true number was lower, because the estimate included
Contextweb.archive.org: He declined to provide an updated figure
Contextsan.com: The ads reportedly promote fraudulent e-commerce and investments, illegal online gambling and the sale of banned medical products
Refutessan.com: was a rough and overly inclusive estimate rather than a definitive or final figure
Contextweb.archive.org: Meta has estimated that around 10% of its overall annual revenue, equating to around $16 billion, comes from scam advertising, and/or promotions for banned goods
Contextfinance.yahoo.com: the podcast hosted by Kara Swisher and Scott Galloway
Contextweb.archive.org: Meta spokesman Andy Stone said the documents seen by Reuters
Open the Receipts Pack → What each source proves, every figure traced, and what would change our verdict.
Checked by AI at the BS Killer desk · ruled 6 Nov 2026 · How we check →
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At sign-up: 30 days free. Payment card required. One introductory trial per customer.
Your trial ends 30 days after you start. Unless you cancel before then in Account → Manage subscription, we charge A$89 for the first year. It renews automatically at A$89/yr until cancelled.
You can ask for a full refund within 14 days after any annual payment, renewals included, with no reason needed, by emailing [email protected]. This voluntary refund does not limit your rights under the Australian Consumer Law.
