Almost three-quarters of people distrust ads on social media, says survey

The survey also found that 69% of respondents they don’t trust social media companies to protect users from fraud, while 76% say the risk of fraud scams makes them wary of shopping online. File picture: Pexels

Nearly three in four people in Ireland distrust adverts they see on social media platforms, a new survey has suggested, as the public was warned about “pump and dump” scams plaguing WhatsApp users.

The survey for Bank of Ireland has suggested that a similar majority (69%) say they don’t trust social media companies to protect users from fraud, while 76% say the risk of fraud scams makes them wary of shopping online.