(Bloomberg) That $2,000 Louis Vuitton handbag advertised on Facebook for just $239? Yeah, it’s too good to be true.
New research by two Italian cyber-security experts found that about a quarter of the fashion and luxury ads they examined on Facebook are for knockoffs. The ads, touting things such as $180 Ray-Ban Aviator eyewear for less than $30, linked to bogus e-commerce sites registered by Chinese front companies, according to Andrea Stroppa and Agostino Specchiarello.