Fine wine investors lose millions

BBC Friday 13th April, 2012

People investing money in fine wine are estimated to have lost over 100m over the last four years, the BBC has learned. It is thought more than 50 UK-based vintage wine investment firms have collapsed in the same period. Some individuals speaking to Radio 4's Money Box say they have lost over 100,000 after investments went sour. Liquidators say they have uncovered examples of "colossal" mismanagement. Sarah, not her real name, lives in the Ea...

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