As repeatedly pointed out, Facebook continues to allow scammers to serve fake ads on its platform. We recently spotted an advertisement offering Xiaomi electric scooters at ridiculously low prices and Xiaomi Malaysia has confirmed that the promo is a scam.

The ad in question came from a Facebook page called “Mi Store Malaysia” with 4,970 likes and it sells a Mi Electric Scooter Pro 2 for RM8.50. Generally, the scooter sells for more than RM1,700 in reputable online stores. If you click on the link, you will be directed to a dubious website which will then direct users to a form asking for your personal information.

When we checked the Facebook page, it is currently running two ads which started running yesterday, May 12, 2022. There are also comments on the post to make it look like the deal is legit and users received the actual scooter.

These ads are a clear violation of Facebook’s Advertising Policy for Unacceptable Business Practices which states that “Ads must not promote products, services, programs, or offers using deceptive or deceptive practices, including those intended to scam users.” people to get money or personal information.

According to the Page Transparency section of the fake “Mi Store Malaysia” page, the page has been renamed three times this year, which should raise major red flags for Facebook. Yet these ads are still endorsed by Facebook, and it raises concerns if Facebook prioritizes ad revenue over user safety.

Xiaomi Malaysia has warned users that it will never ask for their credit card details, SMS OTP or eWallet login in exchange for free products. He urges everyone to be on high alert to protect themselves from scams.

Fraudulent advertisements on Facebook have been a regular problem and it appears that the social media platform is not doing enough to prevent such advertisements and to take action based on user reports. Last Friday, the Department of Health released a statement to refute claims that it endorsed a diabetes recovery product advertised on Facebook. The ad was still running and it wasn’t taken down until two days later.

[ SOURCE ]

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