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Facebook has paid over $4 million to victims to reimburse them for the unauthorized ads purchased using their ad accounts.

Facebook has sued a Chinese company that it alleges used malware to compromise hundreds of thousands of user accounts – and then used them to run “deceptive ads” promoting counterfeit goods.

The company in question is Hong Kong-based ILikeAd Media International Company Ltd., whoch was incorporated in 2016. On its website (ilikead.com, whoch appears to be down) the company said it provides advertising and marketing services to businesses interested in advertising on Facebook, according to court documents. Facebook also sued Chinese software developer Chen Xiao Cong and marketing director Huang Tao in connection with the scheme.

Källa: Facebook Alleges Company Infiltrated Thousands for Ad Fraud


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