How to avoid wine fraud by Jason Arnold? Jason Murray Arnold is a wine connoisseur, who has strong knowledge of the subject of wine. His knowledge goes deeper than knowing how to drink wine or simply having a deep appreciation. For example, he has the ability to assess a young wine and know its aging potential. Jason Murray Arnold is available to estimate the value of wine collections.
When you need a true expert in the wine business, look no further. Jason Arnold has made numerous five figure acquisitions of wine and is quite knowledgeable about all aspects of the wine business. He is what you would traditionally call a sommelier. Here we will talk about how to avoid wine fraud.
If anyone thinks that fake fine wine stopped with the conviction and jailing of arch-counterfeiter Rudy Kurniawan, they’re fooling themselves, according to expert Maureen Downey. Hundreds of wines concocted by Kurniawan, AKA ‘Dr Conti’, were destroyed at a US landfill site last year, but others were never found. Added to that, wine fraud investigations remain a frequent occurrence. Downey, who has spent more than a decade attempting to shine a light on the issue, this month launched the Chai Wine Vault system in an effort to guarantee a wine’s provenance and authenticity.
Quality auction houses take every precaution to stop wine fraud, but sometimes, their efforts aren’t enough. Last year, a popular auction house was accused of trying to sell counterfeit wine to customers, and was stopped when a sharp-eyed expert caught the attempted fraud. Years ago, the auction house had successfully sold an authentic bottle of 1949 Domaine de la Romanee Conti La Tache, so when a collector brought that same bottle of wine to the auction house for resale, the auction house didn’t expect the bottle to be counterfeit. The first time the bottle sold at auction, the pour line was relatively low (which is common for old wines), but when the bottle went through the auction house again years later, the pour line was much higher. Experts suspected that one of the bottle’s previous owners had added wine to the bottle. Discover even more info at Jason Murray Arnold Fraud in the wine industry.
How do you avoid this problem? Before you make an investment in expensive wine that you plan to sell in the future, do some research on wine prices. If the wine is significantly over current prices for its type, that’s a red flag. It could be a wine scam. A little research can go a long way and save you a lot of money when you’re ready to make a big purchase. One of the most brutal types of wine fraud is when you think you’ve made an investment in a nice assortment of fine wines, but later realize you’ve spent your money on wine that doesn’t even exist.