Italian influencer Chiara Ferragni, once the unrivalled social media star, was cleared of aggravated fraud charges on Wednesday in the so-called Pandorogate trial, centered on allegedly misleading charitable deals.
Milan prosecutors accused Ferragni — who faced a potential jail term in the trial —- of misleading consumers in 2022 and 2023 by promoting sales of a limited-edition pandoro cake produced by Italian confectionery company Balocco. The inflated prices were supposed to directly support children's medical treatment.
