Colorado Wine Merchant Sued for Fraud
Buyers claim Rare Fine Wines failed to deliver futures purchases
A Colorado wine merchant accused of fraud by disgruntled customers is facing an FBI investigation, Chapter 11 proceedings and at least three civil suits totaling more than $800,000 in compensation. Clients allege that Rare Fine Wines LLC, in Basalt, never delivered wines that they had ordered and paid for.
For the full article, check out the new issue of Wine Spectator, on newsstands June 15, 2003.