[QODLink]
Americas

Man jailed over $30m vintage wine fraud in US

Top wine collector sentenced to 10 years in prison for making and selling millions of dollars of counterfeit beverage.

Last updated: 08 Aug 2014 19:20
Email Article
Print Article
Share article
Send Feedback

A man in the US once considered one of the world's top wine collectors has been sentenced to 10 years in prison for manufacturing and selling millions of dollars of fake vintage wines.

The Manhattan federal court in New York also forced Rudy Kurniawan, who was born in Indonesia, to pay $28.4m in restitution to compensate seven unsuspecting consumers.

Kurniawan, 37, was convicted by a federal jury last December of one count of mail fraud for creating and selling counterfeit wines, and one count of wire fraud for defrauding a financing company in connection with a $3m loan.

Judge Richard Berman said Kurniawan's victims lost close to $30m as a result of the scheme, which ran between 2004 and 2012.

Al Jazeera's Kristen Saloomey reports from New York.

127

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
About 500,000 participated around the globe in the Peoples Climate March, and Al Jazeera spoke to some in New York.
Separatist movements in Spain, Belgium and Italy may face headwinds following Scotland's decision to stay in the UK.
A fishing trawler carrying 500 migrants across the Mediterranean was rammed by another boat, causing hundreds to drown.
Anti-immigration Sweden Democrats party - with roots in the neo-Nazi movement - recently won 12.9 percent of the vote.
Palestinian doctor who lost three daughters in previous Gaza war is fighting to bring 100 wounded kids to Canada.