Yet another cautionary tale about the foolishness of buying so-called "old wines" at auction.
NY jury awards damages to billionaire William Koch in wine fraud | Reuters:
" A federal jury in New York on Thursday handed a legal victory to U.S. billionaire William Koch and awarded him damages in his dispute over the alleged misrepresentation of 24 bottles of wine he bought at auction, one of the attorneys said.
Koch, 72, the founder of Oxbow Group energy company, accused tech entrepreneur Eric Greenberg of knowingly selling him counterfeit bottles of wine at a 2005 Zachys auction."
'via Blog this'
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