Fake Bordeaux fine wine company exposed

14th February, 2014 by Lauren Eads

A fake wine company which accepted more than £1 million in sham investments in Bordeaux fine wines has been exposed by UK police.

FineWineCellarUp to £1million is believed to have been invested into Le Bordeaux Wines Limited, which was launched on the internet in October 2012 from London, and ran for over a year.

It was registered with Companies House in December 2012 and its website offered investment opportunities in the trading of fine wines.

Police began an investigation after a Staffordshire-based wine company came forward to contact officers over its dealings with the company.

The investigation established that wines sold to investors did not exist, and that any investors who sold their wine through the company did not receive any money.

A 25-year-old man in London has been arrested, so far, on suspicion of fraud by false representation and conspiracy to defraud.

He has been bailed, pending further inquiries, to a date in April.

Officers believe up to 30 businesses or individuals may have been affected, with some as far away as Hong Kong.

DC Chris Pope, investigating officer for Staffordshire Police, said: “I would like to hear from anyone who has invested in this company, or bought wine from this company, to contact me.

“No matter how much money has been lost it is vital that all those who invested come forward.

“The company’s website is now deactivated and if people try to access it they will be directed to Action Fraud, and ultimately myself.”

Anyone with information, who has fallen victim to Le Bordeaux Wines Limited, or has had any contact with the company, is urged to contact DC Chris Pope at Staffordshire Police on 101 quoting incident number 258 of 9 December 2013, or Crimestoppers anonymously on 0800 555 111.

One Response to “Fake Bordeaux fine wine company exposed”

  1. jean lafite says:

    So many wine investment companies start up and then run away with the clients money or stock. When are goverments going to impose rules on these people. May I suggest that each investment company be bonded. Wow Wow there little man says Wall Street !!!!. Well they shoudl be to but for more fruadulant activity such as misrepresenting the firm and the stocks and bonds they sell. When either goes south of the border after a stong sales compaign there shouls be some issues looked into but such is not the world of Oz.
    However wine investment companies are not part of the Wall Street game as of yet. They should be bonded by a AAA bonding company that will take the time to look into the operation applying for the bond and do timely financial and physical audits every three months no less. IF the company goes south, you and I and other investors are protected and so are our funds and inventories lent to the firm to sell.

    It costs money to be bonded, risk in this industry is the reason it costs money. Investors need far better pertection from off the wall college kids who think they know wines and can sell a sizzling steak and walk away with investors money.

Leave a Reply

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

Subscribe to our newsletters

Job vacancies

Administrative Assistant

Swig Wines Ltd
Chiswick, London, UK

HR Manager

Amathus Drinks PLC
London, UK

Senior Sales Manager

Haynes Hanson & Clark
Gloucestershire, GB

Customer Services Administrator

Speciality Drinks Ltd
London, UK

National Business Development Manager

Speciality Drinks Group
London, UK

Inventory Analyst

Bibendum PLB
London, UK

Events Executive - Atom Supplies

ATOM Supplies Limited
London, UK

Off-Trade Sales Account Executive

Domaine Direct
Nationwide, working from a combination of home & London office.

Sales Executive/Brand Ambassador

Glenfarclas
Ballindalloch, Speyside, UK

Client Manager

Noble Rot
Wandsworth, London, GB

Spirits Investment Director

Stilnovisti
London, UK

Junior Brand Manager

Enotria Winecellars
Park Royal, London, UK

Content & Digital Assistant

ABVGlobal
London, UK

Sales Manager

Cellar Trends
London, UK

Editorial Assistant

Wine List Confidential
London, UK

Champagne Masters 2017

Deadline : 7th July 2017

The Global Sparkling Masters 2017

Deadline : 10th July 2017

The Global Malbec Masters 2017

Deadline : 10th July 2017

The Global Syrah Masters 2017

Deadline : 18th July 2017

Click to view more

The Drinks Business Awards 2017

Now in its 15th year, the db awards have become the most authoritative, internationally respected badge of achievement in the alcoholic drinks industry.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

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.

Click to view more