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Fraud investigation services are closely monitoring sales of counterfeit luxury goods on Instagram.
Fraud investigation services are closely monitoring sales of counterfeit luxury goods on Instagram.

Spotlight | Europe, United States
Anti-fraud services and tax authorities target Instagram 'live' luxury sales

The rising numbers of Instagram accounts selling luxury bags, jewellery and clothing items are getting a close look from anti-fraud services on both sides of the Atlantic, as well as from tax authorities. In providing a distribution channel with little regulation, the app is being used by counterfeiting networks and money launderers alike.

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