wine futures
'Ponzi Wine Scheme' Fraudster Spent Investors' Money on Cars and Women
US District Judge James Donato called wine dealer John Fox’s financial ruse a “wine Ponzi scheme” after accepting his guilty plea for defrauding clients of $45 million worth of wine futures.
This California Wine Business Was Accused of Being a Pyramid Scheme
Many clients of a California wine business paid tens of thousands of dollars for big-name wine bottles with zero delivered.
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