What you need to know about the Chip Childwear scandal

Chip Childwearing, the makers of the Chip children’s shoes, have been fined £40,000 after admitting they knowingly sold children counterfeit shoes in breach of a UK and European regulation.

The fine follows a series of other UK and EU cases of children selling counterfeit shoes and has triggered a major investigation.

The company admitted that it knowingly sold counterfeit shoes to children as part of a scheme to circumvent the rules on child protection.

The fine was imposed on the company by the Serious Fraud Office (SFO) and the Consumer Council for Fair Trading. “

We will be taking all necessary steps to ensure that no children are harmed.”

The fine was imposed on the company by the Serious Fraud Office (SFO) and the Consumer Council for Fair Trading.

Chip, whose parent company, Sainsbury’s, has since taken legal action, said the case would not affect the quality of their products. “

We are also working closely with the SFO and consumer watchdog FSA to identify other potential breaches and to work with the wider industry to ensure these will not happen again.”

Chip, whose parent company, Sainsbury’s, has since taken legal action, said the case would not affect the quality of their products.

It added: “It is important to note that, unlike in many other cases, the SFA did not impose any sanction on Chip as a result of this matter.”

The BBC understands that the SFC had also made a formal complaint about the matter to the Financial Conduct Authority.

The BBC understands there is a formal agreement in place to avoid sanctions, which would have prevented the SFSA from bringing a case against the company.