£200,000 bar bill trader arrested

Alex Hope, who spent £125,000 on a single bottle of Champagne, has been arrested on suspicion of being involved in an unauthorised foreign exchange trading scheme.

The 23 year-old trader made the headlines when he ran up a £200,000 bar bill in one evening at a Liverpool nightclub.

Most of this was spent on a 30-litre Midas bottle of Armand de Brignac, known as Ace of Spades – the world’s most expensive bottle of Champagne.

The story subsequently became front-page news after the receipt was leaked to the press and it was reported that he was partying with Manchester City footballers Joe Hart and Adam Johnson at the Playground Club in Liverpool.

But yesterday the Financial Services Authority (FSA) said that it had arrested a man in east London “on suspicion of committing offences under the Financial Services and Markets Act 2000 and the Fraud Act 2006.”

Hope’s publicist confirmed that he had been arrested but said that he denies all allegations.

Spending big sums of money on alcohol is not restricted to the UK, as over the weekend a Saudi millionaire also splashed out on an expensive bottle of Champagne in Dubai.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Retail Manager

Friarwood Fine Wines
SW London, UK

Assistant Manager

Seven Cellars
Brighton, UK

Key Account Manager

MMI Dubai
Dubai, UAE

Head of Supply Chain

Lanson International UK Ltd
London W1, UK

National Account Executive

Home Based working in Central Belt. Glasgow/Edinburgh, UK

Global Brand Manager - Ableforth’s (Bathtub Gin etc)

ATOM Supplies
Tunbridge Wells, UK

Trade Sales Manager

Wine Source Group
Central London, UK

Prowein 2018

18th Mar 2018

The City Wine Show

London,United Kingdom
13th Apr 2018

Prosecco Springs

London,United Kingdom
26th Apr 2018
Click to view more

The Global Rosé Masters 2018

Deadline : 19th March 2018

The Prosecco Masters 2018

Deadline : 19th March 2018

Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more