Facebook sued for SEK240 million for fraudulent ads on the platform

On Thursday, March 21, 2024, Swedish legal representative Lars Olofsson filed a class action lawsuit against Facebook Sweden AB at the Stockholm District Court. Olofsson represents 514 victims who have been deceived by ads published on Facebook in a cannabis ponzi scheme called Juicy Fields, which was initially and most successfully active between April 1 2020 and July 11, 2022. “With this lawsuit, I am demanding that Facebook take responsibility for the fact that fraudulent ads appeared on the platform and further that they were not removed when Facebook users (and my clients) reported them as fraudulent ads to the…