1,300 wine buffs owed £5million after collapse of investment firm Vinance
1,300 wine buffs owed £5million after collapse of investment firm Vinance
Jan 6, 2013 6
(ThisisMoney) - More than 1,000 investors who bought fine wines through Vinance are owed £5million following its collapse.
The firm went into administration in November, after poor record-keeping and delays to its wine-buying forced it under.
Administrator Herron Fisher has been in touch with the firm’s 1,300 clients to get them to confirm their details – and expects them to recover their wine from the company’s warehouses.
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