Supply chain issues and inflation fuel billion-dollar black market

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Scammers are now trying to target the wine and spirits industry. They're trying to take advantage of consumers amid supply chain shortcomings and inflation.

Scammers are getting creative and looking for new ways to take advantage of supply chain shortcomings and inflation. Now, some are selling fake booze.

Scammers are targeting supply chain shortcomings to prey on unsuspecting individuals, and are now taking advantage of alcohol enthusiasts and collectors.buying fake alcohol."We have seen a dramatic increase in the number of counterfeits, and we’re finding examples of people who have bought bottles that have been refilled," he explained. Brown said because supply has been low, people are seeking out items on auction websites and marketplaces, where they are getting scammed.

The three-tiered system prohibits distillers from selling and distributing alcohol, prohibits distributors from distilling and selling alcohol and prohibits retailers from distilling or distributing alcohol. "Inside the three-tiered system, you’re not going to become a victim of a scam of counterfeit products," Bilello said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

don't be surprise when babies die of fentanyl, PARENTS SO DESPRATE FOR FOMULA

MIGOP votejohngibbs Gibbs founded a self-described “think tank” that argued women did not “posess the characteristics necessary to govern,” and said men were smarter than women because they are more likely to “think logically about broad and abstract ideas---

Surprise🙄

washingtonpost Wow & you report independents are leaning democrat? My comment stands! Independents are TWITS if they think Democrats have a handle on things! BTW Foxbusiness you fail to mention the largest black markets in the world are socialist countries & USA is top of list!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in BUSİNESS

Business Business Latest News, Business Business Headlines