Fraudsters target victims of collapsed wine investment firm

news  %tages Fraudsters target victims of collapsed wine investment firm

Consumers owed money and wine by collapsed European Fine Wines Ltd in the UK have been targeted by fraudsters posing as both the companionship’s directors and its liquidator, while London's High Court has ordered another wine investment group to be wound up.

European Fine Wines Ltd was placed in liquidation in June last year, with debts of around £3m. Liquidator Abbott Fielding said that fraudsters were tiresome to take advantage of the situation. 'In recent weeks, a companionship has been prose to the creditors on European Fine Wines letterhead alleging that they are the companionship and tiresome to obtain money from them,’ said Abbott Fielding’s Nedim Aliyan, who issued a warning about the wine fraud. ‘In addition, a third party has been ringing creditors alleging he works for my office and that for a small payment, he can get people's wine. Needless to say, anyone who passes any money to both these parties receives nothing.’His warning follows news that the High Court in London has ordered another wine investment firm, Embassy Wine UK Ltd, to be wound up in the public interest.Investors were told that they could see returns of 30% on their wines. The firm also took advance fees for storage and to sell investors’ wines, according to the Insolvency Benefit, a government agency that filed the case.Amongst the victims of the scam was a 94-year-ancient who had paid over £30,000 to the companionship, which was established in 2011, the court heard. ‘The court found that [the companionship’s] claims were baseless, and that the companionship had disastrous to pay promised returns to customers,’ the Insolvency Benefit said.Related Make pleased:European Fine Wines Ltd enters liquidation with debts of £2mUK companies closed for 'ripping off' wine fraud victims

We were also found by phrases:

Leave a Reply

Your email address will not be published. Required fields are marked *


1 × = three

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>