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Influencer Chiara Ferragni Issues Statement After Receiving $1 Million Fine Over 'Misleading' Advertising of Charitable Collaboration

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Italian influencer Chiara Ferragni is speaking out after being hit with an approximately $1 million fine amid allegations that she misled her followers over a charitable donation.

The Italian Competition Authority conducted an investigation of a 2022 partnership with Balocco, an Italian pastry brand. The collaboration resulted in a branded cake bearing her image, which was supposed to raise proceeds for Regina Margherita Hospital.

The cakes were sold at a higher price than the brand’s similar products; however, most of the proceeds do not appear to have made it to the hospital.

The investigation concluded that the higher price was “misleading” as it implied that the difference would be donated to charity, via Business Insider.

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