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SCARS|RSN™ Scam & Scamming News: Facebook Fined $5 Billion Dollars By U.S. Federal Trade Commission
UNITED STATES FEDERAL TRADE COMMISSION FINES FACEBOOK US$5,000,000,000.00 [5 BILLION DOLLARS]
Democrat Party Members on the Commission Voted Against Fining Facebook for misconduct and violation of their user’s privacy and other abuses. The matter was passed by Republican members of the commission.
Final Terms and use of the funds will be announced soon.
We will post more news about this as it becomes available.
The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s privacy missteps.
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