The shadowy world of counterfeit wines
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- Опубліковано 28 сер 2024
- A high-stakes courtroom drama played out in New York City pitting wealthy wine collectors against a man accused of intentionally making and selling millions of dollars' worth of fake rare wine. Martha Teichner looks into the world of wine forgery.
Guys. I am now inspecting my 2019 Yéllowtail. I’ve determined it’s a fake
Damnit! I have to look through my franzia now too!
lol - probably tastes better than the real Yellowtail.
It taste good.....is a fake. 😂
This guy has spent more on fake wine than I will earn in my life..
It made me depressing.
Baby don't sell yourself short therez still time
He spent more on lawsuits fighting the counterfeiters than he has on wine, probably!
I have no idea why he wouldn't have made sure *before* buying that it wasn't fake if he's going to drop hundreds of thousands on it.
Let's face it, when you're worth a billion+, a few hundred thousand is a minuscule percentage of your net worth. You figure out after that it's fake, you have a good story. Interest he's making on his accounts will replenish him in no time.
Patavinity it’s from a very reputable auction house in NY
He bought some of the bottles through Christie’s and Sotheby’s so it was kinda their fault too
I would have been suspicious of the engraving. Doesn't look like engraving I've seen on genuinely old glass objects. The lines on those are thinner.
more money than sense
"It brings me great satisfaction" to spend millions on lawsuits against those who fooled you and took advantage of your wealth and ego... the irony.
it is a case of ego. you double down
How do you buy a 4.5 million dollar product without verifying its authenticity? Guy walked into it
Entertained2036 4.5 million divided on all the bottles on the table
Entertained2036 It happens
Probably this is the closest this billionaire has gotten to being a job creator - he has found employment for counterfeiters and authenticators in this “sad” case of fraud. It is really hard to feel sorry for him.
don't forget the lawyers
O dear, multi billionaires being cheated for their equivalent of pocket cash, how unfortunate.
Aww, poor guy. After this wine scam, Mr. Koch is now only worth several billions of dollars.
Oliver Revilo what? Are you an idiot?
The koch brothers talking about fraudsters ? CLASSIC
as soon as I saw this bottle my first question was, "How did they engrave the letters on the bottle in those times?"
I am even not absolutely sure that they have an absolute proof of that. They checked the 18th century engraving equipment and discovered that it was nearly impossible to engrave letters on a bottle like that. What does that really prove? Could they build the Egyptian pyramids with technology of those days? No? Does it follow that that was impossible?
suren! i didnt know u enjoy wine and chess
@@MrAlaister now you know dear Alberto ;)
What a waste of money! This dude has blown millions on lawsuits that have brought him "great satisfaction." I guess funding a scholarship would not have been as satisfying.
No it probably wouldn't have been as satisfying. Whyre you people so bent on handouts? Dude is a BILLIONAIRE, the man can do as he pleases with his millions
He never nailed Rodenstock. Never ever. Close but no cigar.
omg I feel so bad for this billionaire
Same here. We should donate money for those who put their necks into the noose to save all of us! So that me and you can buy Thomas Jefferson's wines safely in the future!
It couldn’t happen to a less nice (or stupid) person!
Rudy was a curse and a blessing at the same time.
Fake wines in a fake solid bricks cellar.
I recommend watching the film called Sour Grapes. It might be on Netflix.
Greg Johnson love that film and yes it’s on Netflix
it's on UA-cam now
OMG, is my box of chardonnay a fake?
Check the bottom of the box, if it's authentic it will have two mustard colored arches and say McWine.
I'm rooting for Rudy.
I almost felt bad for him paying 400k for fake wine until he put 25 millions to go after the guy who sold him the wine. Jesus, that is too much money for 1 person to have available to pay lawyers.
it is a case of ego
40 years for faking wine and tricking billionaires, meanwhile murderers get off with a few months or time served sometimes.
Fields Carlisle and pedos & rapists get off with no time at all. The justice system is a joke.
I somehow bought a counterfeit bottle of Thunderbird.
I once got to taste a beautiful Chardonnay at a Michelin-starred restaurant; it felt like butter, saffron, and sunshine in my mouth, not kidding. So I can understand how a person can form a life-long fascination with wine. But good Lord... unless you’re running a hotel, a restaurant, an heritage preservation organization (dedicated to archiving the world’s best wines, for instance), or a castle with an army of courtiers to impress, a PERSONAL cellar this size and with contents this expensive is... excessive, yes? LOL. You can’t take all of that with you to your death, anyway. (And it opens you up to swindlers.) Reserve only the most precious for special days, and then pare it all down by drinking the rest - hopefully, with your loved ones and friends as you reflect and ponder on the meaning of life in this universe. The world makes wonderful wines each year, and there’s more where that came from. Also, if you’re rich and consume wine regularly (without going overboard), you support an industry that employs thousands of people around the globe.
to portray that amount of wealth without any shame is mind bending to me.
Charkes koch would never
I once spent $500,000 for a map to a silver mine. That turned out to be fake.
Hahahahaha this guy actually thought those wines were from Thomas Jefferson. He must have been drinking.
Hope he realizes soon that he won't be able to drink half of he's collection!!
Rudy is a champ. No question.
I’m proud of my country fellow man 😂
is it bad that i don't feel sorry for them ?
He deserves what he got. How could it not be inspected before he purchased it?
You can’t inspect every single bottle before you even buy it, that’s not how it works. You’re just mad that he has more money than you clearly
$35 million to feed his ego is gluttony at its finest.
All that wine if he doesn’t drink it it’s a waste
He is trying.
Victimless crime.
Damn! And he could have bought a politician with that $$$. Oh well, he'll have to tap his 42 billion for that cause.
wrong Koch
While this is mostly driven by snob appeal, if there was really a fantastic taste to certain wines which have to be experienced, then chemists should be able to take samples, determine the types and ratios of the chemicals contained in them and reproduce them. For the amount of money these people are expending on these wines, it could be done and there would be an endless supply of copies of the really good stuff. Market them as copies and see if the experts can tell the difference in blind taste tests. It might be surprising what they find. That bottle everyone liked, we found it had arsenic contamination.
Hey I have a bridge to sell this guy and some magic beans
Koch is the type of guy you can sell some oregano too and pass it off as weed
Lmao
40 Years??!!!!
Only 40 years, yes.
Only 40 years of prison? How about 10 x life with extremely hard labor? Plus Christies and or Sotheby banned forever from doing the extremely amateur bad job they do?
Will I be able to drink all of my collection before I die? Collection to the extreme is an addiction.
Zero sympathy.
velvetunderpants44 hater
The antique wines are a fascinating part of wine industry!
When the expert cheaters get a taste of their own medicine. Boo Hoo!
Was his experience with fake wines the inspiration for TV series "Sneaky Pete" . . . 🤔
i know how he feels someone once drank my buckfast at a party
Vechain baby. This need to be on the block chain.
So lawyers getting 25 million to sue someone who made 400,000 dollars and 60 minutes is trying to portray the wine forgers as the criminals??? The only true crime here is a country that would allow such frivolous lawsuits to begin with.
I feel no sympathy... If you get ripped off on something like this, it's your own fault! I'm a wine collector as well but nowhere near as wealthy as this Koch bro. It's very important to know that you are buying from a reputable dealer or auction house, and at the end of the day you must be master of this trade, and know what to LOOK for when buying such high dollar bottles!
He couldn't even buy a good wine corker. Instead he did it with a rusty corker on its last leg and probably contaminated.
The guy would make a decent King Haggard if the last Unicorn was about wine:
"There. There they are! There they are!! They're mine! They belong to me! My Underlings gathered them for me one by one, and I made them bring each one into the cellar! Now they live there..They fill me with joy. The first I felt it I thought I was going to die. I said to the my men that I must have them, all of them, all there are. For nothing makes me happy but their shining and their stickers. So the they caught them. Each time I see the bottles, my bottles, it is like that morning in the woods and I am truly young, in spite of myself."
Oh no a billionaire got scammed everybody open your wallets we must repay this man for tragedy
god i cant wait to eat the rich... imma have a plate of this guy paired with a 2017 charles shaw
ok this is one of the funniest things i've ever said and i was kinda hoping for more appreciation
@@isabellajames6623 ❤
I can't believe they drank the fake wine! Might not be safe.
Monet, Picasso, Miro pictures also a fake? :-)
I'm stunned at the fact that he's so casual about basically burning $4.5m. It's how I would talk about buying a $1 scratch ticket that I lost. Oh well.
I'd lose my mind if I bought a bottle of wine for $100 to treat my wife and found out it was a swindle. Maybe that's why I never got into gambling. $100 is the majority of my weekly grocery bill if I exclusively buy items on sale or with coupons.
China has zero respect for intellectual property, individuality or uniqueness.
He burnt 25 mil on lawyers…!
"Shadowy World" eh? Please spare me the drama (yawn). If you want to make sure you're drinking wine that doesn't contain herbicide or pesticide residues, or sulfites or sorbates, make it yourself from fruit you pick in fields, woods, and ditches, and off of neighbors trees and bushes that haven't been sprayed with any chemicals. I read an article recently that said that 95% of California wine was tested to have herbicide and pesticide residues. Even 'organic' wines have those residues if they're made from grapes grown in California. You can buy some really pure wines that are made in Europe (France, Italy, Germany, Portugal, Spain, et al) but they're pricey. Cognac and Brandy made by distilling wine don't contain chemical residues even if they're made from California wines.
Lol at all these haters here. If you found out your mechanics were ripping you off you would be pissed to. Same concept, larger scale. Save your crocodile tears.
I'm not sure you understand what the term "crocodile tears" means. The "haters" are expressing their schadenfreude. It's not crocodile tears.
+Leggo My Ego crocodile tears (noun): expressions of sorrow that are insincere
I think "boo hoo poor billionaire" qualify as insincere expressions of sorrow.
Bloodsucking the bloodsuckers.. No tears of any kind here.
SerialSniper15 ☆☆☆☆
@@SerialSniper14 crocodile tears are meant to convince. The people saying "boo hoo, poor billionaire." are being sarcastic. Sorry so late but hope that helps.
I really feel bad for the billionaire, i mean what is this world coming to? He spent millions of dollars of wines? How is he going to live?
this shows, it pays to do your research before you buy. Loads of money with no idea - fingers will be burnt ! Very sad
What's Hardy Rodenstock's real name and why isn't he prosecuted? Poor Indonesian guy.
His real name is Meinhard Görke. He died in 2018. He was sort of prosecuted by a German guy named Frericks, and eventually after much fuss they settled their matters outside the courtroom. The other attempt to really sue him was made by Koch. Unsuccessfully. Koch danced for years within the American court system which had no jurisdiction over the matter and refused to sue in Europe as he couldn't make a convincing case there (mainly because Rodenstock could prove that Koch had known the doubts of authenticity for more than 10 years and had by a looooong period missed the window of opportunity to sue Rodenstock).
Agree about Rudy.
There are people who collect wine as there are those who collect coins,stamps or porclain,but wine is for drinking and enjoying. Is a bottle of 18th century wine still drinkable? I have never paid more than £35 because I drink every bottle I buy. I could buy more expensive bottles but then how would I feel if I decided I did not like it?
I have a rare bottle of 2017 merlot that once belonged to Julius Caesar!
When you have that kind of money, it shouldn't be difficult to purchase aged wine directly from the French winery cellars. Buy a few cases of the real thing, for less than the auction houses!
Why not buy a wineyard?
Great to be so rich that what upsets you in life is that some of your wine collection might be fake.Thats what happens sometimes.
one reason I never would spend more than 100 Dollars on a bottle of whine, you surely make a clown out of yourself, all credit to Rudy, who fooled the rich and dumb
That's sad, If you spend more that a couple hundred dollars on a bottle of wine then your a fool
any give aways ??
More is never enough for some
Make it yourself from wine juice concentrate. E.C. Kraus and Midwest Supplies
are excellent sites
Only the 6 is squished in the 1961 bottle by reinserting the cork???
Is she a fake???
Spend your money on the wine you can drink with your friends and family. Support living artists, the dead don't need money. Do good with your resources, once you are gone they will stay behind, only the deeds you have done will be remembered.
He could have bought a lot tiny houses
How dare you fool the ultra rich into drinking different aged grape juice, now you will rot in jail for 40 years
THAT MARCUS BUST IS SIIICKKK
Lmaoo booo hoo someone ripped off a billionaire for being a idiot with his money and spending millions and wine instead of something like helping homeless, feeding the poor, opening a school. Frankly I’m proud of this Asian dude! Just shows how much of a waste of money it is to spend THOUSANDS on one bottle of wine.
Good, that's what happens when you place the value not on quality n taste but on names and clout
Bill Koch is a good humored _dumb_ guy, actually. He just has a damn lot of money.
This guys a billionaire, I feel nothing for the fact that he bought wines worth millions without observing due diligence “As jy dom is, moet jy maar kak!”
I bet 50 percent of his paintings are fake as well ?
I just found out this from Internet Historian
9:06 ... and started drinking!
What makes these wines better? Can these people tell the difference? I'm talking taste wise
Money doesn't give you knowledge
Steal from the rich? 40 years in prison.
Hard to feel sorry for wine snobs.
Bit excessive on the wine
A case of too much money. Then again, it is his money. he should be able to spend however nhe wants to spend it.
just buy only wines protected with the Acatena system and get peace of mind. Even the old prooftag system is better than nothing!
He feels violated? that's a really strange thing to say.
Wow, that chick has had work done. I barely recognized her.
these fraudsters are "conscientious". they will never con me. cos i can offer no other than humble table wine.
Amazing the haters on here, because the guy is a billionaire? If the guy was a millionaire would you feel different? How about if he was an average Joe and got ripped off on a $500 bottle of wine because that was his hobby? Who cares if someone is a billionaire or millionaire? Doesn’t change my life either way. By the way, he understands caveat emptor, buyer beware. He admitted that was his responsibility.
I love the fact that he actually never nailed Rodenstock in a court. Never.
From now on - i will drink only from produce
Its hard to feel bad for Koch...he's obviously got more money than sense.
Rich people problems
“I know... "
Tamper proof until it's tampered with. Why do I not fell sorry for Kock.
Very Nice Drink Red wine
Wondering about that Monet...He's buying bragging rights...pathetic.
Rich pukes
Lottery tickets are society’s tax to the poor, I guess this is the equivalent for the rich.
LOL Thats what he gets! REALLY spending that much on old a@$ wine.