Clik here to view.
Massive Insider Wine Fraud
by Giles Cadman Wine Fraud usually takes one of two forms. The first is selling wine or wine investment that doesn’t exist or at vastly inflated prices. The other is counterfeiting, creating wine that...
View ArticleClik here to view.
Decanter on Wine Fraud
by Giles Cadman Decanter have a very good article on self regulation and regulation of the wine investment industry in the United Kingdom. The impact of the new regulations on the market is unknown,...
View ArticleClik here to view.
Wine Fraud Hurts the Industry
by Giles Cadman The Daily Mail reports on a group of alleged fraudsters who used wine as the vehicle for their fraud. A brother and sister have been accused of conning almost 100 investors as part of a...
View ArticleClik here to view.
Common Types of Fraud and How to Avoid Them
by Giles Cadman There are many unscrupulous people trying to sell fraudulent investments, and This is Money has a good guide on what to avoid. Share fraud (boiler room scams) - Where fraudsters...
View ArticleClik here to view.
Wine Investment Association Launched
by Giles Cadman The wine investment industry has reacted to ongoing problems with fraud affecting the reputation of reputable businesses by forming an industry association. Harpers cover its launch....
View ArticleClik here to view.
Three Jailed for Fine Wine Scam
by Giles Cadman In a major wine fraud in the Netherlands, three people have been jailed for defrauding investors of €19.4m. Three people have been jailed for their role in an investment fraud based on...
View ArticleClik here to view.
New York Times on Financial Fraud
by Giles Cadman The New York Times has an interesting article on how regulators are finding it tough to deal with financial fraud, even as new regulations are enacted. And the challenge of oversight is...
View ArticleClik here to view.
Most Commonly Used Fraud Phrases
by Giles Cadman Detecting fraud in large organisations cannot be easy, and it is not surprising that the FBI and Ernst & Young have developed email monitoring software to seek out terms commonly...
View ArticleClik here to view.
Former Sandford Executive Gets 5 Years for Fraud
by Giles Cadman Allen Sanford’s fraud and the subsequent collapse of his companies left many, many people in tough positions. A fraud of $7B is going to affect a large number of people, and those...
View ArticleClik here to view.
Wine Company Fraud Lawsuit
by Giles Cadman The wine industry has a number of unscrupulous people in it, including investment fraudsters, counterfeiters and thieves. A New York based company has two business partners in court...
View ArticleClik here to view.
Berry Bros and Rudd on Wine Fraud
by Giles Cadman One of the oldest wine merchants in the world, Berry Bros & Rudd, claims that the European wine trade is being bombarded by UK based Wine Scams. Wineries across Europe are being...
View ArticleClik here to view.
The Telegraph on Ten Scams on the Rise
by Giles Cadman The Telegraph has a great article on ten financial scams that are on the rise in Britain. Recent figures from the National Fraud Authority show that the total lost to individuals from...
View ArticleClik here to view.
US Seeking Extradition of Hedge Fund Manager Accused of Fraud
by Giles Cadman The FBI has accused German Hedge Fund Manager Florian Homm of defrauding investors of at least $200m. He was recently arrested in Italy after five years in hiding. Mr. Homm was one of...
View ArticleClik here to view.
The Mirror on Wine Investment Fraud
by Giles Cadman The Mirror keeps up its good work reporting on United Kingdom based Wine Fraud. Fine Wine Vintners Limited claimed to be “One of the UK’s leading fine wine traders” and boasted: “We...
View ArticleClik here to view.
Enron Fraudster Doing Deal to leave Prison Early
by Giles Cadman The Enron collapse was one of the worst cases of corporate fraud in history, and CEO Jeffery Skilling was sent to prison for 24 years for his part in the fraud. Now it appears he is...
View ArticleClik here to view.
National Fraud Intelligence Bureau and the Wine Investment Associate
by Giles Cadman The National Fraud Intelligence Bureau, which is hosted by the City of London Police has released a press statement to correct any misunderstanding about its relationship with the Wine...
View ArticleClik here to view.
EU Losing Billions in Massive Fraud
by Giles Cadman The European Union is an organisation with an inflated sense of self worth. It wanted to increase its budget when the individual nations of Europe were being forced into austerity,...
View ArticleClik here to view.
Armstrong Sued by US for Alleged Fraud
by Giles Cadman Lance Armstrong‘s fall from grace is well known. What may be less well known is that many drugs cheats are not just suspended from their sport but they are also pursued on the grounds...
View ArticleClik here to view.
How to Avoid Wine Investment Scams
by Giles Cadman Despite the efforts of the Wine Investment Association and regulatory bodies there will continue to be wine investment frauds. Yourmoney.com has a good article on the most common...
View ArticleClik here to view.
The Wine Forger’s Handbook
by Giles Cadman Dr Noah Charney and Stuart George have written a fascinating book about wine forgery, The Wine Forger’s Handbook. Amazon’s description is appropriate for a very good read. Fine wine is...
View Article
