Table of Contents:
- Wine fakes didn’t begin or end with Rudy Kurniawan
- Wine fraud follows demand
- Policing wine fraud is a high-wire act despite heightened awareness, anti-counterfeiting specialists and new tech barriers.
Wine counterfeits follow demand and China has become destination No. 1 for fakes. And even though the wine auction action hasn’t shifted to Asia, Hong Kong is showing strong against London and New York. Expect wine counterfeiting stories to continue spilling out of China — and grow bigger.
Despite heightened industry awareness, efforts of counterfeiting specialists and use of technological barriers, policing wine fraud is a high-wire act. Writing at Decanter, Mike Steinberger’s summation is superb: “The counterfeiting problem didn’t begin with Kurniawan, and it won’t end with him. As long as there are people willing to pay thousands of dollars for a bottle of wine, there is going to be an incentive for other people to produce fakes. And the demand for rare wines is not going to dissipate anytime soon.”
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