Meta executives are reportedly acknowledging a serious new problem with scams affecting its social media platforms.

A spokesperson for Meta, the parent company of social media behemoths Instagram and Facebook, tells the Wall Street Journal that the corporate giant is dealing with “an epidemic of scams” that has been growing exponentially in recent years, both in scale and sophistication.

“As this scam activity has become more persistent and sophisticated, so have our efforts.” 

The spokesperson reveals that Meta is experimenting with facial-recognition technology while also forming partnerships with banks and tech firms since the scams are affecting so many industries and “different parts of society.”

Citing people familiar with the matter, WSJ also reports that JPMorgan Chase has raised concerns with Meta about its policing – or lack thereof – of scams.

Meta accounted for nearly half of all reported scams on Zelle for JPMorgan Chase customers between the summers of 2023 and 2024, according to a WSJ source. JPMorgan also recently began blocking certain Zelle payments and warning users about transactions originating from social media platforms like Meta.

The person said that the number of scams linked to Meta has shown improvement in recent months.

However, documents seen by WSJ reportedly show that Meta has recently deprioritized enforcing scams, avoiding takedowns of erroneous advertisements because of supposed safety concerns, while also cutting costs and moving resources to other departments.

WSJ interviewed Edgar Guzman, the owner of a home improvement supplies and garden equipment company in Atlanta, who said scams are relentlessly targeting his customers, prompting them to make payments for products that never arrive.

Says Guzman,

“What sucks is we have to break it to people that they’ve been scammed – we don’t even do online sales… We keep reporting pages to Meta, but nothing ever happens.”

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Facebook is warning that a FreeType vulnerability in all versions up to 2.13 can lead to arbitrary code execution, with reports that the flaw has been exploited in attacks.

FreeType is a popular open-source font rendering library used to display text and programmatically add text to images. It provides functionality to load, rasterize, and render fonts in various formats, such as TrueType (TTF), OpenType (OTF), and others.

The library is installed in millions of systems and services, including Linux, Android, game engines, GUI frameworks, and online platforms.

The vulnerability, tracked under CVE-2025-27363 and given a CVSS v3 severity score of 8.1 (“high”), was fixed in FreeType version 2.13.0 on February 9th, 2023.

Facebook disclosed the flaw yesterday, warning that the vulnerability is exploitable in all versions of FreeType up to version 2.13 and that there are reports of it actively being exploited in attacks.

“An out of bounds write exists in FreeType versions 2.13.0 and below when attempting to parse font subglyph structures related to TrueType GX and variable font files,” reads the bulletin.

“The vulnerable code assigns a signed short value to an unsigned long and then adds a static value causing it to wrap around and allocate too small of a heap buffer.”

“The code then writes up to 6 signed long integers out of bounds relative to this buffer. This may result in arbitrary code execution.”

Facebook may rely on FreeType in some capacity, but it is unclear if the attacks seen by its security team took place on its platform or if they discovered them elsewhere.

Considering the widespread use of FreeType across multiple platforms, software developers and project administrators must upgrade to FreeType 2.13.3 (latest version) as soon as possible.

Although the latest vulnerable version (2.13.0) dates two years, older library versions can persist in software projects for extended periods, making it important to address the flaw as soon as possible.

BleepingComputer asked Meta about the flaw and how it was exploited, and was sent the following statement.

“We report security bugs in open source software when we find them because it strengthens online security for everyone,” Facebook told BleepingComputer.

“We think users expect us to keep working on ways to improve security. We remain vigilant and committed to protecting people’s private communications.”