UPDATE 4-Google, Meta, TikTok hit by EU consumer complaints about handling of financial scams
Published on: May 22, 2026, 12:06 a.m. | Source: Devdiscourse
"Meta, TikTok and Google not only fail to proactively remove fraudulent ads but also do little when being notified about such scams," BEUC Director General Agustin Reyna said in a statement. "If they fail to address the financial scams circulating on their platforms, fraudsters will continue to reach millions of European consumers daily, leaving people at risk of losing hundreds to thousands of euros to fraud," he said.
