Fraud alert over Bordeaux wine futures

Fraud alert over Bordeaux wine futures

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(AFP) – Concerns are growing in some wine industry circles that a few rogue Chinese wine traders may be mounting a wine scam, just as the 2009 Bordeaux futures sales are poised to begin, experts fear.Fine wine merchant Bordeaux Index alleged that unscrupulous traders in Shanghai had hoodwinked private customers into ordering and paying for the 2009 vintage of legendary wines.Among the top wine names concerned were Chateau Lafite and its popular second wine, Carruades de Lafite, when there is little possibility that the wines will be delivered.


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