Latest Facebook Scandal: Widespread Advertising Fraud
by Alexander Higgins
AlexanderHiggins.com
July 31, 2012
As Facebook’s stock continues to plummet to scandals surrounding the companies IPO numerous stories surface detailing advertising fraud.
The much hyped Facebook IPO put the company’s initial public offering in the limelight as billions of people watched the Wall Street darling which had defied gravity prepare for its big day of finally being traded as a public company.
But the reality was the rocket fuel that kicked Facebook into some far earth orbit beyond the stratosphere had burnt out long before the company went public and the companies founders where just looking to cash out for billions of dollars before the ship came crashing back to earth.
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