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.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-03/wine-fraudster-gets-6-years-in-prison-for-97-million-loan-scam)

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