Wine industry experts estimate that up to 20 percent of all wine bottles sold worldwide are counterfeits. Previously, it was reported back in 2010 that 5 percent of wine bottles sold were fake. In court documents rleased in the United Kingdom, it was reported that wine connoissuers in Britain paid up to $11,148 (£7,000) for… Continue reading Counterfeit Wine Worldwide
Up to 11 percent of all wine sales in the United Kingdom are estimated to have been sold without the proper taxes and duties being paid. The illicit sales causes losses to the government of up to $1.11 Billion (£700 Million), according to HM Revenue and Customs. Security intelligence states that smugglers divert wine bottles… Continue reading Wine Smuggling Losses in the United Kingdom
A survey conducted by accounting company PwC found that 18 percent of consumers in Britain admitted to purchasing counterfeit alcohol. 16 percent reported purchasing counterfeit drugs such as Viagra and weight-loss pills. And 13 percent admitted to buying counterfeit cigarettes. British consumers between the ages of 18 to 34 bought the most counterfeits, with 60… Continue reading What Type of Fakes are Bought in Britain
An independent research organization in Romania released a study that claimed $24 Billion (€18 Billion) in government revenue was lost due to tax evasion activities. The amount lost is equal to 13.8 percent of the country’s GDP. In terms of percentages, the amount lost in 2012 was slightly lower than the record high of 15… Continue reading Losses to Tax Evasion in Romania in 2012
Between January and July 2013, authorities in Ireland seized 840 liters of counterfeit alcohol across the country. Officials state that most of the organized crime groups involved in the production of counterfeit alcohol also are invovled in cigarette smuggling. Source: “‘Unscrupulous pub owners’ selling dangerous counterfeit alcohol,” Journal, August 6, 2013.
The smuggling and sales of counterfeit goods in 7 major industries in India leads to a tax loss of $4.5 Billion (261 Billion Indian Rupees) to the government, according to a study by Ficci Cascade (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy). The seven industries that were covered in the study included counterfeit auto… Continue reading Tax Losses to Counterfeits and Smuggling for Seven Industries in India
Around 25 percent of all alcohol consumed in Europe is estimated to have been sold on the informal market. This includes alcohol sold on the black market without the payment of taxes, counterfeit alcohol, and home-brewed alcohol. Source: Marjana Martinic, “Europe’s accidental promotion of black-market alcohol,” EurActiv, May 17, 2013.
Experts in China estimate that up to 70 percent of Chateau Lafite Rothschild Red Wine sold in China are counterfeit bottles.
In 2011, sales of counterfeit alcohol in Russia makes up between 23 to 37 percent of all alcohol sales in the country, according to federal statistics.
The market in counterfeit goods in Colombia is estimated to be worth between $4 Billion to $5 Billion a year. Up to 12 million pairs of counterfeit shoes from China enter Colombia each year. One out of ever two bottles of alcohol sold in the Northern Antioquia province was counterfeit.