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Meta, Australian banks tout progress on taking down 'celeb bait' scam ads

The U.S. social media giant said it took down the scam ads after receiving 102 reports since April from the Australian Financial Crimes Exchange, an intelligence-sharing body run by the country's main banks. Such scams are a global problem, but Meta is under heightened pressure to tackle the issue in Australia with Prime Minister Anthony Albanese's government planning to introduce an anti-scam law by the end of the year.

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