Counterfeit Alcohol Black Market Value: $1 Billion
Data on the black market in Counterfeit Alcohol
Counterfeit alcohol in the Czech Republic
According to the Union of the Czech Spirits Producers, one out of four bottles of alcohol sold in the country is counterfeit.
Source: Stephan Delbos, “One in four bottles of liquor are counterfeit,” Prague Post, April 28, 2010.
- No Comments »
- Tags: Counterfeit Alcohol, Czech Republic Black Market | April 29th, 2010
Counterfeit Alcohol sales in Russia
The sales of counterfeit vodka bottles in Russia is estimated to be $3.3 Billion (101 Billion Rubles).
Source: Bloomberg, “Bootleg Vodka Crackdown May Lift Legit Brands,” BusinessWeek, December 29, 2009.
- No Comments »
- Tags: Counterfeit Alcohol, Russia Black Market | January 4th, 2010
Trade group protects scotch whisky from counterfeits
The Scotch Whisky Association is kept busy from fighting counterfeit bottles of scotch whisky. According to the organization, at any given time they are handling between 60 to 70 active cases regarding fake scotch.
- No Comments »
- Tags: Counterfeit Alcohol | July 20th, 2009
1,069 people died from counterfeit alcohol in Moscow in 2008
2 million counterfeit bottles of counterfeit alcohol was seized in Moscow in 2008. 6,041 people were intoxicated from fake alcohol and 1,069 people died from drinking counterfeit alcohol in the city in 2008.
- No Comments »
- Tags: Counterfeit Alcohol, Russia Black Market | July 15th, 2009
Moonshine in Virginia creates loss of $20 million
The state of Virginia estimates that it loses $20 million a year in tax revenue to “moonshining”, a home-made and illegally smuggled whiskey.
According to the Economist, the whiskey is “cheaply made in 800-gallon stills, mot of it smuggled to poor inner cities and sold at half the price of its legal counterparts, avoiding state and federal taxes which run at roughly $25 per gall (3.8 litres) of whiskey.”
Source: “Moonshine: Lighting strikes,” The Economist, April 18, 2009.
- No Comments »
- Tags: Alcohol Smuggling, Counterfeit Alcohol, Prices on the black market | May 21st, 2009
Fake vodka to account for half of all sales in Russia in 2009
Counterfeit bottles of vodka are set to account for up to half of all vodka sales in Russia this year, according to the Moscow Times. Last year, 12 million bottles of vodka was produced legally, while 17 million bottles were sold in stores. Thus, around 5 million bottles, or 28 percent of all sales, were of fake bottles of vodka. This year, the figure is expected to reach 50 percent as people attempt to save money.
Source: Courtney Weaver, “Illegal Vodka Set to Account for Half of All Sales,” Moscow Times, March 12, 2009.
- No Comments »
- Tags: Counterfeit Alcohol, Russia Black Market | March 13th, 2009
Counterfeit Alcohol Market Value: $1 Billion
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 600 million to 900 ($1 Billion median) annual loss.
- No Comments »
- Tags: Counterfeit Alcohol | May 10th, 2008
40 percent of all alcohol sold in Russia is counterfeit
Source: Food and Drink, “Russia plagued by counterfeit goods,” October 31, 2004, http://www.foodanddrinkeurope.com/news/news-ng.asp?id=18356-russia-plagued-by (accessed: April 30, 2006).
- No Comments »
- Tags: Counterfeit Alcohol, Russia Black Market | April 26th, 2008
43,000 people die every year in Russia from drinking counterfeit alcohol
Source: Steven Eke, “Fake Russian alcohol ‘kills many’”, BBC News, June 23, 2006, http://news.bbc.co.uk/2/hi/europe/5111762.stm (accessed: June 27, 2006).
- No Comments »
- Tags: Counterfeit Alcohol, Russia Black Market | April 26th, 2008
Counterfeit Bottle of Alcohol in Russia coss $0.60
A counterfeit bottle of alcohol is offered as low as $0.60 in Russia.
Source: Associated Press, “Russian Cabinet member urges action against counterfeit alcohol as death toll climbs,” International Herald Tribune, October 27, 2006, http://www.iht.com/articles/ap/2006/10/27/europe/EU_GEN_Russia_Alcohol_Poisoning.php, (accessed: October 27, 2006).
- No Comments »
- Tags: Counterfeit Alcohol, Russia Black Market | April 26th, 2008

