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Wine Distributor Stephen Burton Gets Prison Term in Rare Vintage Scam

Key Points

The founder of a London wine-distribution business was sentenced in the US to six years in prison for orchestrating a scam that cost investors almost $100 million and was based on bottles of rare vintages that didn’t exist.

The founder of a London wine-distribution business was sentenced in the US to six years in prison for orchestrating a scam that cost investors almost $100 million and was based on bottles of rare vintages that didn’t exist.
Stephen Burton (PERSON) Rare Vintage Scam (ORG) London (LOCATION) US (LOCATION)
Originally published by Bloomberg Markets Read original →