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Magazine Archives: Aug. 31, 2005

Retailer Agrees to Plead Guilty to Futures Fraud

Eric Arnold
Issue: August 31, 2005

In a federal case involving sales of Bordeaux futures, Ronald Wallace, the former owner of retailer Rare Fine Wines LLC, has agreed to plead guilty to two counts of mail fraud, four counts of wire fraud and one count of conducting an unlawful monetary transaction.

For the full article, check out the new issue of Wine Spectator, on newsstands August 31, 2005.

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