According The Informedthe online sales site was fined three million euros by the Paris Criminal Court.
Fake discounts caught by fraud enforcement are quite expensive for Wish. The website The Informed reveals that the e-commerce platform was sentenced Friday by the Paris Criminal Court to a fine of three million euros for deceptive commercial practices.
During this hearing, Peter Szulczewski, founder and former CEO of the site, was present by traveling from the United States. He was fined 250,000 euros. With the representative of the site Joanna Rosen Forster, he appeared in the context of a procedure of prior recognition of guilt (CRPC).
The president of the court recalled that the law provides for a discount of 20% on the amount of the fine within the limit of 1,500 euros. “This can at least reimburse the plane tickets!”, reports L’Informé, whose journalists were present at this hearing.
