Really? So the advertising agency would have an Investigation Unit that makes sure the companies aren't scams before allowing them to advertise?
Seems like the internet ad industry wants scale, but doesn't want to solve the problems of scale.
e.g. https://www.asa.org.uk/rulings/person-s--unknown-a23-1198241...
Enforcement is very limited to "misleading ad must not appear again". Eventually they'll have to do something a bit toothier or we're going to have an all-scam internet.