Financial & Commercial Structures - Brokers

Size of Fake Wine Market

Maureen Downey (fake wine expert) estimates the total value of fake wine in 2017 is around 3 billion USD. The value of just one fraudster Rudy Kurniawan, currently serving time in jail is valued at around 550 million USD. If you add Kahled Rouabah, Enzio and Nicola Lucca and Alex Anikin who were caught and whose wines are circulating in the market, this number grows quickly. This shows fake wine is a huge and profitable global market.

  • Accredited to:
  • Jane Nisbet Huseby