- Conservative MP Julian Knight condemned executives from YouTube, Facebook, TikTok and Twitter
- He criticised their refusal to share information on scam artists with each other to protect the public
- Demanded that all four firms paid back money that had been defrauded off Britons for ‘many years’
Social media bosses were labelled a ‘disgrace’ in the Houses of Parliament today for failing to do enough to stop online scams in an extraordinary attack by a furious committee chairman.
Conservative MP Julian Knight left executives from YouTube, Facebook, TikTok and Twitter sitting in silence as he condemned their refusal to share information on scam artists with each other to protect the public.
He demanded that all four companies paid back money that had been defrauded off Britons for ‘many years’ while the firms were taking adverts from companies not authorised by the Financial Conduct Authority (FCA).
Mr Knight said none of the companies share the data with each other and were only doing so with the ‘already overworked’ police, giving scammers a better chance of targetting social media users on different platforms.
He compared this to the Mail Order Protection Scheme (Mops), an old scheme run by newspapers where direct response adverts were vetted before publication and the findings shared with other publishers to protect readers.
Pausing his questioning of the four bosses today, an exasperated 50-year-old Mr Knight issued the attack around 20 minutes into a Digital,…
