- November 7, 2026
Mark Cuban Blasts Facebook’s AI Deepfake Scam Ads: Meta Docs Reveal $16 Billion Fraud Economy — and Fines Were Cheaper Than Revenue
Billionaire Mark Cuban says Facebook knowingly runs AI deepfake scam ads using his face and voice to sell a $294 fake diabetes cure. Internal Meta documents estimate $16 billion in annual scam-linked ad revenue, 15 billion high-risk ads shown daily, and a 95% fraud threshold that let suspected scammers keep advertising. With Rhode Island suing and the SEC investigating, AI deepfakes have become Big Tech’s most profitable uncontrollable machine.
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