The Winery Three Hens of La Mancha of Castille

An alleged investment fraud scheme claimed to broker loans between investors and ‘high net worth’ fine wine collectors, with expensive bottles purportedly held in storage as collateral, US authorities said this week. Prosecutors filed an indictment in a New York federal court charging two British men, Stephen Burton, 57, and James Wellesley, 55, with wire fraud conspiracy, wire fraud and money laundering conspiracy in connection to the scheme – which was allegedly perpetrated through their compa ...

Tongue firmly in cheek, I sometimes define ‘wine consultant’ as ‘someone lacking employment who will work for whoever pays them’. Although meant in jest, the implied question is valid: just what does a wine consultant do? More importantly, in this age, when every assistant in a retail shop styles him- or herself a sales consultant, who would hire one? The short answer is this: a wine consultant is someone who advises wine lovers about their passion. He or she advises buyers on what to buy (and a ...

According to China’s General Administration of Customs, the seized goods consisted of more than 1,000 bottles of Penfolds from Australia and over 100 bottles of top-end Bordeaux wine, including first growth labels such as Château Lafite Rothschild and Château Margaux. The Chinese customs authorities discovered the cases of illegally imported bottles by checking the amount of wine declared on the offending company’s documents against the actual number of items being transported. The smuggled good ...