#wine-collectors

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www.nytimes.com
6 months ago
Wine

2 Men Bilked Wine Investors Out of $99 Million in Ponzi Scheme, U.S. Says

Two British men ran a Ponzi scheme, convincing investors to put up nearly $100 million in loans to non-existent wealthy wine collectors.
The defendants each face up to 20 years in prison if convicted. [ more ]
New York Post
6 months ago
Chelsea

New York wine crisis: FBI raid top shop and $1,000 bottles get stashed in Times Square TGI Fridays

Wine lovers in New York City are facing difficulties with proper storage and aging of their valuable wine collections.
Sherry-Lehmann wines and Chelsea Wine Storage have faced allegations of mishandling and improper storage of rare and valuable wines. [ more ]
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