Charity transparency bill OK'd by cabinet

(ANSA) - ROME, JAN 25 - A bill mandating greater transparency in charity initiatives after influencer Chiara Ferragni was probed for fraud in relation to several alleged charity products she endorsed was approved by the Italian cabinet on Thursday, setting hefty fines and other sanctions for influencers.
    The antitrust authority would be in charge of levying the fines.
    According to sources, the bill outlines an obligation to indicate on the products the purpose of the proceeds and the recipient of the charity, the amount or share intended for that purpose, and sanctions from 5,000 to 50,000 euro, with the possibility of suspending the activity for one year in the case of repeated violations.
    Premier Giorgia Meloni said Monday the government would frame the new charity transparency law in light of Ferragni's alleged fraud over a supposedly charity pandoro Christmas cake, Easter eggs and a girls' doll she endorsed while allegedly pocketing large sums of money.
    Ferragni, half of Italy's premier celebrity couple with rapper Fedez, denies wrongdoing. (ANSA).