Mark Cuban keeps getting emails concerning a $294 diabetes cure he has never sold.
"Every sole week I get emails from small old men and ladies saying, 'Will my cure for diabetes work?' or 'I fair ordered your cure for diabetes for $294,'" the 68-year-old billionaire capitalist stated on an August event of Pivot, the podcast hosted by Kara Swisher and Scott Galloway.
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Those ads are deepfakes built alongside an AI copy of his visage and voice, Cuban said, and Meta (NASDAQ:META) runs them anyway. "Facebook knows the small old ladies are getting ripped off," he said. He called the phase "the worst of the worst."
The ads Cuban says Meta waves through
Cuban said several of the ads equal contain a disclaimer admitting the individual on display is AI-generated and the clip is meant as entertainment. By the period anyone gets to it, he argued, the throw has already worked. "And to Facebook, that's fine enough," he said.
"The item is, that defines the civilization of the organization," Cuban said. A business that lets scammers go following people's grandparents, he argued, has shown what it volition tolerate at all level.
Cuban does run a medication business — he co-founded Cost Plus Drugs, an online drugstore that sells low-cost generic medications.
What Meta's documents showed
On Nov. 6, 2025, Reuters reported on inner Meta documents showing the business expected approximately $16 billion, or concerning 10% of its 2024 revenue, to stream in from ads pushing scams and prohibited products. By Meta's own inner count, users throughout its apps were seeing several 15 milliard "higher risk" ads a day — the ones alongside apparent markers of fraud. One delayed 2024 document put that category's value at concerning $7 milliard a year.
In a May 2025 presentation, Meta's own safety personnel estimated the company's platforms perform a part in a third of the scams that win in the U.S. Before Meta bans an advertiser, its automated systems must peg the document as at smallest 95% apt to be operating a scam, the documents say. Below that threshold, the suspected scammer merely pays additional per ad and stays live.
Meta spokesman Andy Stone told Reuters the documents "present a selective perspective that distorts Meta's method to fraud and scams," and called the company's 10% evaluation "rough and overly-inclusive." Complaints from users concerning scam ads had fallen 58% complete the previous 18 months, he stated at the time, and the business pulled downward additional than 134 myriad scam ads in 2025. The identical documents note the Securities and Exchange Commission is looking into Meta complete promotion tied to financial fraud.
