Wine

Wine and Whiskey Investment Scam Totals $13 Million

13 days ago   |   By Vine Pair

The next time you receive a random call from someone encouraging you to invest in aged whiskey, think twice before you take the plunge.
Some 150 people recently fell victim to a scam involving rare wine and whiskey , losing a total of almost $13 million in the process. The conspiracy targeted older adults across the United States, who were cold-called with the lure of a lucrative, long-term investment in pricey bottles of the alcohol.
The investment included the promise of a 2017 vintage Scotch, and individuals were told they could multiply their investment over the course of several...
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