Bordeaux vintage is as fake as a 20 quid Rolex

Wine drinkers have been warned today by wine merchants to be aware of criminals that are claiming a new Bordeaux vintage, but will never deliver. The supplier to the 2012 Olympics, Bibendum and Britain’s oldest wine merchant, Berry Bros. have said that those wanting to buy last year’s vintage, could be targets by fraudsters that will take payment for the wine that they do not have and will not deliver.

There are similar risks if you deal with businesses offering to sell investment quality wines but soon thereafter disappear after receiving, from their victims, thousands of pounds. Bordeaux, to be available shortly, is said to be equal to the 2009 vintage which has won praise for being one of the best in decades.

Representing 340 businesses, the Wine and Spirit Trade Association has announced a new anti-fraud drive. They will share information and work with the Metropolitan police in Operation Sterling to try and catch fraudsters. They also will try and find those that steal reputable firms’ identity in order to obtain products illegally and then never pay for them. The biggest risk, however is buying from the crooks that say you have to pay up to two years in advance for “en primeur” wines before delivery.

There have been a number of businesses that open and offer investment grade wines but they are either not good quality or overpriced and then after getting the money they wanted, they close shop and disappear. Values of wines have skyrocketed by over 200% in the past 10 years compared to only a 5% rise in the stock market. Great performers are Chateua Latour 1996 and Chateau Lafite 1996.