Berkeley rare wine store owner pleads guilty in Ponzi scheme – Los Angeles Times

Berkeley rare wine store owner pleads guilty in Ponzi scheme
Los Angeles Times
The owner of a high-end Berkeley wine shop pleaded guilty to bilking customers out of at least $45 million in what one prosecutor described as a “wine Ponzi scheme.” John Fox, 66, admitted masterminding a “massive scheme to defraud” through his store …
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