$100 million of counterfeit wine in circulation

Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

$100 million of counterfeit wine in circulation

May 25, 2016 by admin News 0 comments

Research from NetNames suggests that retailers are losing between $300m and $400m annually to copycats and counterfeiters, with wine counterfeit experts estimating that there is $100m of counterfeit wine currently in circulation.
Alcoholic drinks in particular are being regularly targeted by counterfeiters due to their premium price tag and because they are difficult to identify without tasting the product.

http://www.harpers.co.uk/news/100-million-of-counterfeit-wine-in-circulation/536678.article