UK Wine Fraudster Gets 10 Years For $97M Ponzi Scheme
By Stewart Bishop ( April 20, 2026, 10:36 PM EDT) -- A Brooklyn federal judge on Monday sentenced a former executive of a U.K. wine company to 10 years in prison for his role in a $97 million Ponzi scheme that defrauded investors in loans that were falsely billed as being fully collateralized by high-value wine collections, calling it a "very brazen crime that led to mass amounts of theft."...
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