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John Fox: The Rise and Fall of a Wine Fraudster

 
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Former Premier Cru owner defrauds customers of $45 million

description: the image shows a man in a suit standing in front of a wine store, looking confident and charismatic as he greets customers. the store windows are filled with luxurious wine bottles, giving off an air of sophistication and exclusivity.

John Fox cheated his Premier Cru customers out of $45 million in a Ponzi scheme and used some of the money to fund a lavish lifestyle. The former owner of bankrupt retailer Premier Cru, who defrauded customers out of millions of dollars in collectible wines, now faces probation and... Convicted wine fraudster John Fox was scheduled to be released from prison on Tuesday after serving about four-and-a-half years of his... John E. Fox, who admitted to running a US$45 million wine Ponzi scheme through his store, Premier Cru, is scheduled to be released from... It's common for elite wineries to sell wine before it is even in the bottle but if you are thinking of taking your wine hobby another level,... John Fox faced a possible 20 years, but agreed to plead guilty and pay back $45 million owed 9000 customers. 'This was a long running empire... The F.B.I. is investigating complaints that Premier Cru, a Bay Area store favored by the rich, bilked collectors of expensive wines out of... John Fox was irresistible. Collectors of high-end wine would feel a twinge of excitement when his name materialized in their e-mail inboxes,... The owner of a now-bankrupt premium wine store in Berkeley pleaded guilty Thursday to...

Labels:
john foxpremier cruwine fraudponzi schemebankruptcycollectible winesfbi investigationguilty pleawine store

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