TOKYO, Nov 10 — A Tokyo court dismissed today Japanese billionaire Yusaku Maezawa’s lawsuit against US tech giant Meta and its Japan unit over the use of his name and image in fraudulent investment ads on their platforms.
Online fraudsters commonly use Maezawa’s name and picture without his permission to lure victims. One typical advert captions his image: “Started with 10,000 yen (RM256). Gained 1.3 million yen in four days.”
Maezawa, the founder of Japan’s largest online clothing retailer, filed the lawsuit in 2024, saying Meta was “not making efforts” to stop the incidents.
He said at the time he sought to “clarify whether their actions are legal or not” and demanded just one yen in damages.
