No, this isnt correct re: Uber ad fraud case. With basic reporting & incrementality measurement, the Uber team would have realized they were being cheated. The vendors werent using sophisticated tools to trick the Uber team — you cant fake medium-term engagement or revenue (1/X) https://twitter.com/nandoodles/status/1345802591758856193
2/ In Uber’s case, the acquisition team either wasnt resourced with analytics for advertising measurement or (more likely) they were incentivized to not analyze the performance of their marketing spend. The vendors Uber worked with are notorious for fraud https://mobiledevmemo.com/what-is-mobile-ad-fraud-taking-lessons-from-ubers-lawsuit/
3/ If the Uber team had been using industry-standard incrementality and ROAS measurement they would have detected this fraud. The money was wasted because proper measurement wasnt implemented https://www.adexchanger.com/data-driven-thinking/yes-some-metrics-are-fake-but-performance-marketers-dont-care/
4/ A great read on this topic from @ShamanthRao https://mobiledevmemo.com/is-mobile-advertising-fraud-really-just-a-problem-with-incentives/