Supply chain issues and inflation fuel billion-dollar black market

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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.

 

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