Napa wine exec accused of embezzling £575k

19th June, 2013 by Lucy Shaw

A former senior executive of Napa-based online wine retailer The Winetasting Network is wanted as a fugitive after failing to appear in a US federal court on charges of fraud.

Martin Christopher Edwards is wanted as a fugitive

Martin Christopher Edwards is wanted as a fugitive

Martin Christopher Edwards, known as “Chris”, is suspected of stealing £575,000 from the company by submitting fake invoices, according to the US Attorney’s Office.

Edwards, the former vice president and general manager of The Winetasting Network, now known as WineTasting.com, was charged with 23 counts of mail fraud, wire fraud and money laundering.

A federal grand jury indicted 48-year-old Edwards on 30 May after a two-month investigation for allegedly creating a fictitious company – Dufrane Compliance Trust – to provide tax compliance services.

According to federal prosecutors, Edwards created fraudulent invoices and directed the Winetasting Network to pay a total of £575k to Dufrane Compliance Trust between May 2010 and October 2012.

He then withdrew the funds to buy items for his personal use, including a BMW.

Edwards faces up to 30 years in prison and fines of £320,000.

He may have chosen to name his fictitious company “Dufrane” after the protagonist in the 1994 film The Shawshank Redemption, Andy Dufresne, played by Tim Robbins, who escapes from prison after nearly two decades by tunneling through his cell wall with a rock hammer.

One Response to “Napa wine exec accused of embezzling £575k”

  1. Wine MD says:

    I got to LOVE how the media INVENTS crap. Crap like : “He may have chosen to name his fictitious company “Dufrane” after the protagonist in the 1994 film The Shawshank Redemption, Andy Dufresne, played by Tim Robbins, who escapes from prison after nearly two decades by tunneling through his cell wall with a rock hammer.” A little more investigation and a little less copy-and-paste would have yielded great news. Instead you chose to invent something THIS lame.

Leave a Reply

Your email address will not be published.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

Subscribe to our newsletters

Job vacancies

European Brands Sales Manager, Field Sales Managers and Executives

Amathus Drinks PLC
London, Brighton, E Sussex/Kent, Cornwall & Devon, GB

Commercial/Sales Manager

Crush Wines Ltd
Bremhill/Home office, GB

Wine Buyer

Adnams
Southwold, UK

Sales Manager - Scotland

Eurowines Ltd
Scotland

Sales Manager - North-West England

Eurowines Ltd
North-West England, UK

Sales Manager - London

Eurowines Ltd
London, UK

Key Account Manager - Grocery

Australian Vintage Limited
London (Croydon), UK

Key Accounts Manager - Impulse

Australian Vintage Limited
London (Croydon), UK

Business Development Manager

Regency Wines Ltd
North Devon & Somerset, UK

Sales Manager - North East England

Eurowines Ltd
Within 15-20 mile radius of York, UK

National Account Manager

Ehrmanns Wines
London, UK

London Account Manager

The Drinks Club
London, UK

London Sales Executive

Gourvid Limited
London and Greater London, GB

Logistics Administrator

Speciality Drinks Ltd
Park Royal, London, UK

Head of Sales - Hush Heath Estate

Hush Heath Estate
Kent/ London, UK

The Global Merlot Masters 2017

Deadline : 2nd May 2017

db Awards 2017

Deadline : 3rd May 2017

The Global Organic Masters 2017

Deadline : 2nd May 2017

The Global Sparkling Masters 2017

Deadline : 12th May 2017

Click to view more

Global Chardonnay Masters 2016

Now in its fourth year, the competition will identify the best Chardonnay from all around the world in every price range.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

The Global Malbec Masters 2016

the drinks business is proud to announce the inaugural Global Malbec Masters 2016.

Click to view more