Alleged wine counterfeiter Rudy Kurniawan may be planning an insanity defence when he stands trial in New York next month for US$1.3m worth of wine fraud.
The brother and sister behind the Nouveau/Finbow wine fraud were yesterday found guilty after a two month trial.
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.
A court has heard how a group of fraudsters conned hundreds of people out of £4.5 million through bogus wine investments.
Alleged wine counterfeiter Rudy Kurniawan has pleaded not guilty in a US court to an indictment charging him with schemes to sell fake wines and defraud a finance company out of £2m.
An Iranian prince has filed a lawsuit against his French business partner claiming the latter stole US$500,000 from their New York-based wine importer for his own use.
A federal judge has ruled that FBI agents acted within the law when they searched the home of alleged wine counterfeiter Rudy Kurniawan after arresting him last March.
The Wine Investment Association, a body committed to setting standards for wine investment, launched this week.
The US Justice Department has rejected the claim by alleged wine counterfeiter Rudy Kurniawan that FBI agents illegally searched his house after arresting him on 8 March.
Supply chain failings are not only exacerbating China’s counterfeit wine problem, but threatening the quality of authentic products across the region.
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