Facebook, Instagram are hot spots for fake Louis Vuitton, Gucci and Chanel

Facebook, Instagram are hot spots for fake Louis Vuitton, Gucci and Chanel

Sumary of Facebook, Instagram are hot spots for fake Louis Vuitton, Gucci and Chanel:

  • Facebook owner Meta Platforms is struggling to stop counterfeiters from pushing fake luxury goods from Gucci to Chanel across its social media apps, according to research and interviews, as the company barrels into ecommerce.
  • Its platforms have emerged as hot spots for counterfeit offenders who exploit their range of social and private messaging tools to reach users, according to interviews with academics, industry groups and counterfeit investigators, who likened brands’ attempts at policing services like Facebook, Instagram and WhatsApp as a game of “whack-a-mole.
  • Research, led by social media analytics firm Ghost Data and shared exclusively with Reuters, showed counterfeiters hawking imitations of luxury brands including Gucci, Louis Vuitton, Fendi, Prada and Chanel.
  • Ghost Data is an Italian analytics firm founded by cybersecurity expert Andrea Stroppa, who is also a data analyst consultant for the World Economic Forum.
  • The firm has a track record of exposing the use of social media by counterfeiters, Islamic State supporters and for digital propaganda.

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