Home Back

Fine Wine Ponzi Scheme Accused Wins Bid to Appeal US Extradition

bloomberg.com 3 days ago

A senior executive accused of stealing millions of dollars from investors by lying about the the extent of his firm’s fine wine collection won a bid to appeal a decision to extradite him to the US.

Andrew Fuller, the ex-chief financial officer of Bordeaux Cellars Ltd., is accused by US prosecutors of defrauding investors out of at least $99 million through the alleged Ponzi scheme. Fuller appealed against a previous London court’s decision Bloomberg Terminal that he should be sent to the US to face criminal charges.

People are also reading