[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
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Nearly half of Canadians have suffered inappropriate advances on the job - and the political arena is no exception.
Featured
Women's rights activists are demanding change after Hanna Lalango, 16, was gang-raped on a bus and left for dead.
Buried in Sweden's northern forest, Sorsele has welcomed many unaccompanied kids who help stabilise a town exodus.
A look at the changing face of North Korea, three years after the death of 'Dear Leader'.
While some fear a Muslim backlash after café killings, solidarity instead appears to be the order of the day.
Victims spared by the deadly disease are reporting blindness and other unexpected post-Ebola health issues.