Italian Influencer Chiara Ferragni Fined and Apologizes for Misleading Charity Cake Scandal

Italian influencer Chiara Ferragni has been fined $1.2 million by competition watchdog AGCM for misleading her 30 million followers into thinking sales of a cake she was promoting would go to charity. Ferragni blamed a "communications error" and pledged an additional $1.1 million to a children's cancer hospital involved in the bogus promotion. Cake maker Balocco was also fined $460,000 for its alleged role in the scam. Ferragni apologized and pledged to make a large donation to the hospital at the center of the scandal.