(Thanks to Elizabeth Chuck http://www.nbcnews.com/news/us-news/phony-wine-seller-waits-find-out-how-much-prison-time-n117391)
Hear about Rudy Kurniawan who went from being one of the world's most respected collectors of aged and premier wines to being found guilty last year of fraud for selling counterfeit wines and defrauding a finance company?
Lawyers on both sides are unable to say exactly how much fake wine Kurniawan sold, in part because only one of his victims, billionaire William Koch, has come forward and documented how much he believes was schemed out of. Kurniawan's attorney said. But, he added, Kurniawan has $3.4 million worth of wine left in his warehouse, leaving about $36 million worth of wine unaccounted for. In a letter to the judge, prosecuters argued there is "reliable evidence" that Kurniawan earned millions more from his scheme, "above and beyond the $20,730,000 that the government seeks in forfeiture."
Kurniawan was once one of the top five wine collectors in the elite world of world of fine vintage wine, according to AFP. Through sales at auctions and directly to collectors, he sold more than 1,000 fake bottles that he blended in his kitchen on the outskirts of Los Angeles. In her 2006 Los Angeles Times article, Brown profiled Kurniawan, his expensive dinner parties, and his collection of cars — a Bentley and a Ferrari were among them — along with his aspirations for continued success in the wine business.
Kurniawan had become "almost compulsive" by 2003 and said he was drawn to selling counterfeit wine because expectations had risen so high about the wine he had, and he wanted to keep the friends he had made through his wine business. "Bringing extraordinary wines brought acceptance and recognition," the filing said. "Rudy liked the feeling of being the center of attention. It gave him a feeling of achievement and belonging that he had never before experienced."
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