No, then the results of many google web searches would not put scam sites at the top over the official sites. Google is fine with people being scammed. As long as they get their cut. Large corporations don't have empathy.

Meta ads too. It’s bonkers the type of ads they approve, straight up scams or obvious misinformation (some prominent figure is in jail! Click here to find out!)

From what I've seen, millions lost to scams are with social engineering; through cold calls masquerading as the authorities, phishing, pig butchering; plenty of scam apps on the Play store harvesting data as well, but not a single real life instance of malware installed outside the officially sanctioned platform.

The same scams Google's ad network facilitates and Google in turn profits from?

The Play Store is full of of scam apps so obviouly they don't.

Tell that to their advertising arm.