Counterfeit Alcohol

Summary

Counterfeit Alcohol is the selling of cheap, fake alcohol under brand names.  

The International Federation of Spirits Producers stated that counterfeit alcohol leads to an estimated Euro 500 to 600 million ($700 million) annual loss.

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Market Value:
$700 Million

Source:  Neil Merrett, " Czech sting reveals Eastern Europe's fake spirits boom," CEE-Foodinustry.com, August 3, 2006, http://tinyurl.com/2q6jjm (accessed: September 25, 2007)