$100 million of counterfeit wine in circulation
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
Related Posts
Gold worth Rs 19 Crore seized at Mumbai airport, two foreign nationals arrested
In a significant action against smuggling, the Airport Commissionerate of...
Lawsuit Accuses Walmart of Defrauding Shoppers with Fake Parmesan
Common sense would dictate the discovery of wood pulp in cheap Parmesan can't end...
Hyderabad Task Force Seizes Banned Foreign Cigarettes Worth Rs. 20.5 Lakh
Hyderabad, Feb 11 (Maxim News): The Hyderabad Commissioner’s Task Force team...
Man, 85, tried to sell fake luxury handbags in West Boca, deputies say
At 85, Anthony Jenerosa Corbo was still working —peddling more than $200,000 in...