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by hedora
1086 days ago
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All available credible evidence says they’re sending money to sanctioned entities and intentionally defrauding their customers. The fraud rate is somewhere between 50-90% of revenue, and adds up to billions. The article cites specific examples of fraudulent spend, with screenshots, etc., on comically easy to detect domain names, including ones that other parts of Google block. Also, they’ve progressively taken action to expand the percentage of advertisers they can defraud, and also to ensure the fraud is difficult to detect. On top of all that, it is only possible due to monopolistic bundling of YouTube and the ad networks, in a scheme that could be a textbook example from “anti-trust litigation 101”. |
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> The fraud rate is somewhere between 50-90% of revenue, and adds up to billions.
This is the only part that is relevant, and if you have a source for this then do share it.