SCARS Institute’s Encyclopedia of Scams™ Published Continuously for 25 Years
Facebook finally admits it has nearly 270 million active Facebook accounts are copies or clones
In the fine print of Facebook’s impressive third-quarter earnings report are two crucial statistics that tell the real story behind the social network’s massive user base.
Previously it only admitted 140 Million Fakes. The announcement was buried in Facebook’s earnings report.
Ten percent of Facebook’s 2.06 billion monthly users are duplicate accounts. That number is up from 6 percent the social giant previously reported. Even more concerning is the increase in fake, or “user-misclassified and undesirable” accounts, from 1 percent in July to 2 to 3 percent. Add those values up and nearly 270 million active Facebook accounts are either copies or clones, which is almost the entire population of the United States.
Facebook claims the changes to those statistics aren’t due to a rapid increase in fake or duplicate accounts but rather the result of more accurate reporting, what the company described as “a new methodology for duplicate accounts that included improvements to the data signals we rely on.” Some of the duplicate accounts could be generated by users but it’s likely many of them are bot accounts used to spam.
The updated numbers came on the same day Facebook testified in front of Congress about how Russian “trolls farms” exploited its platform to cause friction among Americans during the 2016 presidential election. In September, Facebook admitted to selling $100,000 in ads to the Internet Research Agency, a Russian firm known for pushing pro-Kremlin propaganda. After further investigation, Facebook estimated 126 million users were exposed to ads created by the Russian firm.
Shareholders in Facebook stock should be significantly upset, since shareholder value is partially based upon the number of subscribers. But if a minimum of 10% are fakes then the company is over valued. Of course we believe that number is closer to 30%.
Mark Zuckerberg warned investors on Wednesday that an increase in spending for security would impact the company’s profitability, “I am dead serious about this,” he said. Facebook also plans to add 10,000 more employees by the end of 2018 to fortify its safety and security efforts. We will see if he is truthful and ever keeps that commitment.
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Important Information for New Scam Victims
- Please visit www.ScamVictimsSupport.org – a SCARS Website for New Scam Victims & Sextortion Victims
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If you need to speak with someone now, you can dial 988 or find phone numbers for crisis hotlines all around the world here: www.opencounseling.com/suicide-hotlines
A Note About Labeling!
We often use the term ‘scam victim’ in our articles, but this is a convenience to help those searching for information in search engines like Google. It is just a convenience and has no deeper meaning. If you have come through such an experience, YOU are a Survivor! It was not your fault. You are not alone! Axios!
A Question of Trust
At the SCARS Institute, we invite you to do your own research on the topics we speak about and publish, Our team investigates the subject being discussed, especially when it comes to understanding the scam victims-survivors experience. You can do Google searches but in many cases, you will have to wade through scientific papers and studies. However, remember that biases and perspectives matter and influence the outcome. Regardless, we encourage you to explore these topics as thoroughly as you can for your own awareness.
Statement About Victim Blaming
Some of our articles discuss various aspects of victims. This is both about better understanding victims (the science of victimology) and their behaviors and psychology. This helps us to educate victims/survivors about why these crimes happened and to not blame themselves, better develop recovery programs, and to help victims avoid scams in the future. At times this may sound like blaming the victim, but it does not blame scam victims, we are simply explaining the hows and whys of the experience victims have.
These articles, about the Psychology of Scams or Victim Psychology – meaning that all humans have psychological or cognitive characteristics in common that can either be exploited or work against us – help us all to understand the unique challenges victims face before, during, and after scams, fraud, or cybercrimes. These sometimes talk about some of the vulnerabilities the scammers exploit. Victims rarely have control of them or are even aware of them, until something like a scam happens and then they can learn how their mind works and how to overcome these mechanisms.
Articles like these help victims and others understand these processes and how to help prevent them from being exploited again or to help them recover more easily by understanding their post-scam behaviors. Learn more about the Psychology of Scams at www.ScamPsychology.org
Psychology Disclaimer:
All articles about psychology and the human brain on this website are for information & education only
The information provided in this article is intended for educational and self-help purposes only and should not be construed as a substitute for professional therapy or counseling.
While any self-help techniques outlined herein may be beneficial for scam victims seeking to recover from their experience and move towards recovery, it is important to consult with a qualified mental health professional before initiating any course of action. Each individual’s experience and needs are unique, and what works for one person may not be suitable for another.
Additionally, any approach may not be appropriate for individuals with certain pre-existing mental health conditions or trauma histories. It is advisable to seek guidance from a licensed therapist or counselor who can provide personalized support, guidance, and treatment tailored to your specific needs.
If you are experiencing significant distress or emotional difficulties related to a scam or other traumatic event, please consult your doctor or mental health provider for appropriate care and support.
Also read our SCARS Institute Statement about Professional Care for Scam Victims – click here to go to our ScamsNOW.com website.
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