Sophisticated Penfolds fake operation in China busted

on March 22, 2021

Penfolds is one of most traditional wine producers from Australia founded in 1844. It is very popular in China.

Biggest Penfolds fake operation to date

An interprovincial police investigation uncovered the biggest Penfolds counterfeiting operation in China to date. The amount of fake Penfolds discovered was estimated to be over USD 20 million, in an operation running over three years. The network included production, distribution, and sales.

As reported on Vino Joy, the fraudsters would purchase substandard wine and sell it on inflated price through online platforms. The investigation is ongoing.

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About Sebastian

Sebastian is Managing Director of vinID. Sebastian holds the WSET Level 3 and is currently completing his "Weinakademiker Diploma". Prior to his engagement with fine wine Sebastian has worked in the investment bank and wealth management industry for 15 years. He holds a double diploma in European Business Studies from Oxford Brookes University and the University of Applied Sciences in Regensburg.
Filed under  Counterfeit News 


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