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Affiliate Marketers Investigated By FBI in Facebook Hack

Discussion in 'Social Media' started by T J Tutor, May 14, 2015.

  1. T J Tutor

    T J Tutor Administrator Administrator moderator affiliate

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    If ever you've had doubt, here is clear evidence that trying to twist and turn to avoid dealing with FB on their terms can, and probably will, lead to some uncomfortable situations for many marketers. If ever you ask, "why is FB so tough on my ads and ads account", read on.

    Excerpt from Performance Insider

    "Federal Bureau of Investigation are investigating hacks of Facebook advertising accounts and used them to promote various affiliate marketing schemes. According to one source, It seems that over tens of millions of fraudulent advertising may have been billed to various advertisers without their consent, making this possibly the biggest advertising related hack of Facebook."

    "The FBI and the US Attorney’s Office out of Northern California have convened a grand jury to investigate this case, and have subpoenaed at least a dozen advertiser and affiliates. The Grand Jury is scheduled to hear testimony this next week of several major affiliates and network owners, who are alleged to have known about the scheme but were not themselves involved or a target of the investigation. Several well known marketers have retained attorneys and have been told to “lay low” during these investigations."


    "This of course raises some questions about the poor security measures taken by Facebook to protect advertising accounts. It’s easy to blame the hackers, but Facebook could face liability from displeased customers that have lost revenue as a result of the unlawful activity."


    Read the whole story:
    Affiliate Marketers Investigated By FBI in Facebook Hack
    Posted by: Pace Lattin May 10, 2015 in Industry News, Specials
     
    azgold and K like this.
  2. azgold

    azgold Moderator moderator affiliate

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    Just found this thread, interesting!

    So, has FB puts any plans in place to better protect their interface from hackers, in addition to carefully scrutinizing ads of legitimate advertisers?

    I got the impression just from reading, that some hackers used the advertisers' money to pay for their ad runs. I may have misunderstood, though.

    This is a really good reason to never sell or rent your accounts, too.
     

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