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for the Nov. 30, 2004 issue

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Online Wine Dealer Charged With Bilking Customers Out of Millions

Nick Fauchald
Issue: November 30, 2004

In a tale of caveat emptor for anyone who shops for bargains on Bordeaux futures and rare wines, the former owner of an online and mail-order wine merchant has been indicted on fraud charges, accused of scamming more than 50 clients out of around $10 million.

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