MORE ELECTION RIGGING: Mark Zuckerberg’s Meta Fined $24.7M for Fraudulent Campaign Finance Disclosure Violations

A Judge has fined Facebook parent company Meta $24.7M for repeat intentional violations of campaign finance disclosure laws and is said to be the largest penalty for campaign finance in U.S. history.

This should be much bigger news.

Facebook stock is down 27% and they were just fined $24.7 million (the max allowed) for crooked campaign finance disclosures.

Meta fined $24.7M for campaign finance disclosure violations

By Gene Johnson, AP, October 28, 2022:

SEATTLE (AP) — A Washington state judge on Wednesday fined Facebook parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history.

The penalty issued by King County Superior Court Judge Douglass North was the maximum allowed for more than 800 violations of Washington’s Fair Campaign Practices Act, passed by voters in 1972 and later strengthened by the Legislature. Washington Attorney General Bob Ferguson argued that the maximum was appropriate considering his office previously sued Facebook in 2018 for violating the same law.

Meta, based in Menlo Park, California, did not immediately respond to an email seeking comment.

Washington’s transparency law requires ad sellers such as Meta to keep and make public the names and addresses of those who buy political ads, the target of such ads, how the ads were paid for and the total number of views of each ad. Ad sellers must provide the information to anyone who asks for it. Television stations and newspapers have complied with the law for decades.

But Meta has repeatedly objected to the requirements, arguing unsuccessfully in court that the law is unconstitutional because it “unduly burdens political speech” and is “virtually impossible to fully comply with.” While Facebook does keep an archive of political ads that run on the platform, the archive does not disclose all the information required under Washington’s law.