Wine
When an Empty Wine Bottle Is Worth $300
One man’s trash is another’s counterfeit gold.
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It’s a big time for fakes. Fake news. Fake art. Fake handbags. Fake sushi in L.A.
And increasingly the focus is turning to the reality of fake wines. A few years back, a report in a French newspaper, Sud Ouest, estimated that 20 percent of wines might be fake. That’s a huge number; experts doubt it’s that high, but it still indicates a growing concern. The problem is biggest in China, because of it’s exploding wine market, which is projected to be a $69.3 billion business by 2019, an 81 percent increase over four years.