Australian mining magnate is taking on Facebook/Meta

@JudyEv (326063)

Rockingham, Australia

February 6, 2022 2:06am CST

Andrew ‘Twiggy’ Forest is an Australian billionaire mining magnate. Images of his face have been appearing on cryptocurrency scam advertisements on Facebook/Meta and he is now launching criminal proceedings against the company. Andrew 'Twiggy' Forrest has launched criminal proceedings against social media giant Facebook, alleging the company has breached Australia's money laundering laws by failing to prevent false cryptocurrency advertisements. The scam posts have been appearing since March 2019. Forrest wrote an open letter to CEO Mark Zuckerberg in November 2019 but nothing has been done to stop the practice. Forrest is accusing Facebook of being ‘criminally reckless’. In a statement, he said – and I quote - he was launching the "world-first" action on behalf of "everyday Australians" to protect their savings from being "swindled away by scammers". "I’m concerned about innocent Australians being scammed through clickbait advertising on social media," he said. – end of quote. I guess they both have plenty of money to fight it out in court. It will be interesting to see what transpires. Photo of the railway that brings iron ore from the mines to the ports.

17 people like this

15 responses

@Sojourn (13836)

• India

6 Feb 22

Today Facebook's net worth saw a 26 % drop, the largest major one day slump in the history of the company. Looks like Fb/Meta is facing some real trouble in its worldwide reputation.

5 people like this

@crossbones27 (48446)

• Mojave, California

6 Feb 22

I heard that too, but do not pay attention because makes me so mad. One way or another, I feel the world is corrupt so they have the edge in the end.

3 people like this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

Their share value has dropped dramatically. These are interesting times really.

2 people like this

@LadyDuck (458648)

• Switzerland

6 Feb 22

I wish he wins and I wish that facebook and Mark Zuckerberg are severely punished. I have reported scams almost every day and they never moved a finger to stop those scams.

3 people like this

@LadyDuck (458648)

• Switzerland

6 Feb 22

@tallawah They do not care at all to protect the users, they are only a money machine.

3 people like this

@LadyDuck (458648)

• Switzerland

6 Feb 22

@JudyEv I do not go often to facebook, I prefer email to their messanger, their site is not safe.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

I don't go there much at all. It's useful when you belong to a particular group as you can information to everyone quickly but I guess email would be nearly as convenient.

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@kareng (55021)

• United States

6 Feb 22

That will be an interdsting case for sure!

1 person likes this

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@kareng (55021)

• United States

7 Feb 22

@JudyEv You will have to keep us all posted on it!!

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

7 Feb 22

@kareng I'll do that but I think it might be slow-moving.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

That's what I'm thinking. Forrest has enough money to see it through.

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@crossbones27 (48446)

• Mojave, California

6 Feb 22

They say Mark and Facebook and new Meta thing in trouble from the gate. They sleazes so sure will sleaze their way out of it.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

@crossbones 27 @tallawah Forrest has enough money to take them on so hopefully something will come of it.

@JudyEv (326063)

• Rockingham, Australia

7 Feb 22

@tallawah Exactly so this might just be the catalyst to force them to change their ways.

@JudyEv (326063)

• Rockingham, Australia

7 Feb 22

@tallawah Let's hope it progresses through the courts nice and fast - although I doubt that will happen.

@DaddyEvil (137142)

• United States

6 Feb 22

Hmm... I hope something can be done about Fb/Zuckerberg. I guess we'll see what, if anything, happens.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

It could drag out for years I guess.

1 person likes this

@DaddyEvil (137142)

• United States

6 Feb 22

@JudyEv I'm absolutely positive it will, If it actually goes to court.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

7 Feb 22

@DaddyEvil The lawyers will be making a fortune.

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@CarolDM (203451)

• Nashville, Tennessee

7 Feb 22

I totally agree with @LadyDuck on this issue. Not a FB fan at all.

2 people like this

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@LadyDuck (458648)

• Switzerland

7 Feb 22

@JudyEv Same as you, I only check time by time to see if my cousins leave messages.

2 people like this

@JudyEv (326063)

• Rockingham, Australia

7 Feb 22

I am rarely on it either. @CarolDM @LadyDuck I have an account and belong to a group or two but that's it.

2 people like this

@CarolDM (203451)

• Nashville, Tennessee

7 Feb 22

@JudyEv Good to hear this. Many more should leave.

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@BarBaraPrz (45543)

• St. Catharines, Ontario

6 Feb 22

Gee, I wonder how he got the nickname Twiggy...

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

I'd like to know that too but I don't have any idea.

1 person likes this

@RebeccasFarm (86787)

• United States

7 Feb 22

Yes he may as well make more money in Meta.

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@RebeccasFarm (86787)

• United States

7 Feb 22

@JudyEv Yes that is who I meant. He is great to donate too.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

7 Feb 22

Do you mean Andrew Forrest? I guess he might make money from Meta but he was also the first Australian billionaire to pledge much of his wealth to charity. One of his charities is aimed at stopping modern-day slavery.

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@jstory07 (134487)

• Roseburg, Oregon

6 Feb 22

It will be interesting to see what happens in court.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

@tallawah That's really awful. It seems impossible that this could happen.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

It will indeed.

1 person likes this

@wolfgirl569 (95469)

• Marion, Ohio

6 Feb 22

It will be interesting.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

For sure. It will probably drag out for years.

1 person likes this

GAUTAM M. PENDHARKAR

• Mumbai, India

9 Feb 22

Good, there are many who takes on big companies and their working models. But taking on and sustaining for a long are 2 different things. I am not a FB fan, but giving you neutral perspective. Similar challengers came and vanished for Microsoft's MS Suite

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

9 Feb 22

Andrew Forrest should have the resources to continue his fight if he wants to. I hope he does.

@Dena91 (15904)

• United States

7 Feb 22

It will be interesting to see how the outcome will be. Keep us posted.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

7 Feb 22

I'll do that. They both have plenty of money to be able to slog it out in court.

1 person likes this

@RubyHawk (99423)

• Atlanta, Georgia

8 Feb 22

There are scams all over Facebook. I hardly ever go there because of it. Zukerberg needs to be taught a lesson.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

9 Feb 22

Hopefully, something will come of this court action and things will have to change.

1 person likes this

@RubyHawk (99423)

• Atlanta, Georgia

9 Feb 22

@JudyEv Surely it will. That material should never have been authorized.

1 person likes this

@freelancermariagrace (27219)

• Philippines

7 Feb 22

Let’s see what happens next

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

7 Feb 22

Yes, it might become very interesting.

1 person likes this

@LindaOHio (156717)

• United States

6 Feb 22

I hope Forrest gets some satisfaction from his action.

1 person likes this

@JudyEv (326063)

• Rockingham, Australia

6 Feb 22

Some companies have no concern about others. Maybe they will all learn a lesson from this.

1 person likes this