Italian Influencer Ferragni Apologizes and Fined $1.2 Million for Misleading Charity Cake Sale

Italian influencer Chiara Ferragni has been fined by Italy's anti-trust authority for falsely claiming that proceeds from a Christmas cake sale would be donated to a children's hospital. Companies controlled by Ferragni were fined over €1 million, while the cake manufacturer made a modest donation months before the promotional campaign. No donations were made from the cake sale proceeds. Ferragni apologized and pledged to donate €1 million of her own money to the hospital, but her offer was criticized as insincere. She plans to appeal the ruling and said she would give the difference to charity if her fine is reduced.