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Italian cake maker in influencer charity scandal says it acted in good faith

An Italian company that makes a popular Christmas cake says it acted in “absolute good faith” when it offered a special edition with the logo of an Italian influencer that has landed both under investigation by prosecutors

By AP News
Published - Jan 09, 2024, 12:30 PM ET
Last Updated - Jan 09, 2024, 12:30 PM EST

ROME (AP) — An Italian company that makes a popular Christmas cake said Tuesday it acted in “absolute good faith” in offering a special edition in 2022 featuring the logo of Italian influencer Chiara Ferragni that has landed both under investigation by prosecutors.

Italy’s antitrust authority has already fined Ferragni 1 million euros, and the pandoro cake-maker Balocco SpA 420,000 euros. The authority last month accused Ferragni’s companies and Balocco of having led consumers to believe that by buying the “Pandoro Pink Christmas” cake they would be contributing to a donation to a Turin hospital.

On Monday, prosecutors in Milan placed both Ferragni and Balocco President Alessandra Balocco under investigation for alleged aggravated fraud.

Ferragni, a fashion blogger-turned-influencer with 29.5 million Instagram followers, said she trusted the judiciary would show she acted in good faith. Balocco said in a statement Tuesday that it too was cooperating with prosecutors and was certain it had acted in “absolute good faith.”

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