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Tag: Haute

The Dark Side of Luxury Brands: Fraud and Laundering

Haute couture may be showcased under chandeliers and velvet ropes, but its underground counterpart operates in Telegram channels, crypto wallets, and dark web storefronts.  What looks like a niche problem of fake handbags is, in reality, a sprawling shadow economy where luxury goods function as financial instruments, laundering vehicles, and scam bait. “Unlike the glamorous…