Pappy Heist Pt 2

[OscarV]

Now there's a reward,.... http://usnews.nbcnews.com/_news/2013/12/03/21739326-tips-pour-in-about-huge-pappy-van-winkle-bourbon-heist-after-kentucky-cops-offer-reward?lite

[squire]

Next time the crooks will kidnap the stuff for ransom.

[P&MLiquorsEric]

Let's try this again since the last one went so well.

[squire]

I just re-read the article where the author states "Buffalo Trace distills Pappy Van Winkle in very limited releases". Wonder who she was quoting.

[LostBottle]

If they haven't caught them by now, I doubt they ever will. If it was an inside job over a period of time, those bottles have long been sold - not a hard feat in the current market.

[mbroo5880i]

If they haven't caught them by now, I doubt they ever will. If it was an inside job over a period of time, those bottles have long been sold - not a hard feat in the current market.

[Old Lamplighter]

If they haven't caught them by now, I doubt they ever will. If it was an inside job over a period of time, those bottles have long been sold - not a hard feat in the current market.

Agree. Those bottles have long been consumed or stashed away in deep, dark place...whether they were ever sold or not....long gone.

[Restaurant man]

I butt chugged every bottle months ago :burp:

[smknjoe]

They must be desperate for good/viable leads.

[Special Reserve]

Interesting that they inflate the wholesale price of PVW20 but deflate the wholesale price of VWFRR.

Any thought on that?

[theglobalguy]

Still baffled why they wouldn't release the laser codes so that folks could rat out, or at least spook the bad guys enough to make them second guess selling the product publicly. Tells me they don't know "which" bottles.

[squire]

They may not know which ones were stolen but a scan will reveal which ones were not.

[luther.r]

As far as I can tell the laser codes don't identify individual bottles like serial numbers; they just identify the date, time, and bottling line. So you could have many bottles with the same code if they were going down the line quickly.

[p_elliott]

As far as I can tell the laser codes don't identify individual bottles like serial numbers; they just identify the date, time, and bottling line. So you could have many bottles with the same code if they were going down the line quickly.

[luther.r]

Yeah but they would all be in the same case(s)

[PaulO]

I saw in the Courier Journal that the police interviewed 100 people at BT. The police also said the school principal is not a person of interest. I'm kind of surprised no one has been caught.

[theglobalguy]

Ha! It gets better, now the lawyer for the Principal is winding up the local news that it was a hoax....

http://www.whas11.com/news/local/Real-or-publicity-stunt-Whos-behind-the-missing-bourbon-234314891.html

Favorite quote of the day is:

“It just doesn't feel right. Doesn't feel right to an old country lawyer," Hubbard said.

[oke&coke]

Is he not aware of the meticulous records a distillery has to keep? I don't think BT wants the TTB crawling up their butts for a publicity stunt.

[squire]

I picture some guys out behind the Stop-N-Go doing Pappy shots.

[jkater1]

Interesting that they inflate the wholesale price of PVW20 but deflate the wholesale price of VWFRR.

Any thought on that?

Same thought, $25 for a bottle of VWFRR, I'm all in at that price.

[mbroo5880i]

The reward is almost 1/2 of the stated dollar value of what was "purportedly" stolen. I realize that BT had to report the theft to authorities given the dollar value. However, I would think that they have a better chance of solving it internally than using outside sources. Eventually, some one will spill the beans. Meantime, they need to implement measures to ensure that it doesn't happen again.

[oke&coke]

Unfortunately the best measures will almost always fail against a dishonest employee/s. Not that it can't be solved after the fact but there is always going to be a weak point in the chain and if the person at that weak point is dishonest then it will happen again.

[P&MLiquorsEric]

I am speculating but knowing the BT/saz people, they needed a police report to claim the losses to both insurance and the TTB.

The 25k is a contrived value that the police are giving us. Every time we have had a shoplifting incident, they have asked what the item costs at retail, not what we paid for it.

I would imagine The theft cost BT closer to 10k in potential income and 5-7k in actual losses.

I don't know the TTB rules and regs that well but there might be a regulation requiring them to report losses over a certain dollar amount.

[oke&coke]

If I'm not mistaken all discrepancies for alcohol are reportable to the TTB. Certain losses such as theft are still taxable while others (angel share) aren't.

[P&MLiquorsEric]

If I'm not mistaken all discrepancies for alcohol are reportable to the TTB. Certain losses such as theft are still taxable while others (angel share) aren't.

I would be shocked if there is not some allowance for inventory variance whether by theft, accidental breakage or mechanical malfunction.