Wine Forgery – Fake Lafite and Penfolds discovered

on December 6, 2022

Wine Forgery is an issue at all price points – starting with Yellow Tail going all the way to high-end unicorn bottles

Three warehouses in Zhangzhou City, Fujian Province were recently raided by authorities who found 40 thousand fake wines with labels belonging to Penfolds and DBR Lafite. The main suspect is currently facing criminal investigation for this act which has resulted into an estimated value over RMB 11 million lost revenue because consumers may no longer be willing or able buy legitimate products from these brands should they come across them on sale at a discounted price point–a perfect opportunity for criminals hoping there will eventually be demand once again when prices inevitably rise once more following last year’s global economic crisis.

Read the full article on Vino Joy News – Over 40’000 fake Lafite and Penfolds wines uncovered in Fujan.

Please contact us to discuss possible opportunities how to protect from wine forgery and create a new wine experience for your customers.

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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