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

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. © Studio Pachamama
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. [...]
Published on 22.02.2024 at 05:00 GMT Reading time 3 minutes

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