Here’s the reason nobody is stopping online scammers
This is revealing from Money Saving Expert Martin Lewis – who came out with a naughty word in a Parliamentary committee while discussing online scammers.
It seems the government won’t legislate to stop online scammers because it’s too complicated – but the firms running the big internet platforms can’t be bothered unless it’s worth their while; the cost of being sued for failing to do it is less than the profit from the advertising revenue they get from the crooks.
See for yourself:
And why not employ people to stop the scammers, rather than rely on a tech solution? The tech companies are the biggest and most profitable, so they can afford to do it.
They just need an incentive. If they won’t take the carrot, maybe it’s time for the stick.
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