Your hacked Facebook account may be bankrolling scam ad campaigns
As Henry Lau slept on Oct. 15, hackers quietly took control of the ads manager page for his Facebook account. By 6:15 a.m. PT, Facebook had approved a widespread advertising campaign with a budget of $10,000 per day to promote a 13-second video in the US, Mexico and Australia.
Lau, who hadn't taken out any Facebook ads in two years, had no idea his credit card racked up thousands of dollars in charges until he got an alert that the ad campaign was shut down -- six hours later.
But Facebook didn't stop the campaign because it was pushed by hackers, Lau said. Facebook shut it down because his credit card had expired, and he wasn't able to pay for the ads.
"Had my credit card not been expired, they would have run the ads for $10,000 or more," Lau said. "It could have been days before I found out."
https://www.cnet.com/news/your-hacked-facebook-account-may-be-bankrolling-scam-ad-campaigns/?ftag=CAD1acfa04&bhid=24447454298893839703959737945916
I don't and won't link any credit card to Facebook. I already had problems with PayPal after they were hacked. Thank God American Express is pretty good about dealing with fraud and I didn't have to pay the bogus charges on my card.