The UK police have exposed a fake wine company that accepted more than £ 1 million in sham investments in Bordeaux fine wine. The money is believed to have been invested into Le Bordeaux Wines Limited which was launched on the internet in October 2012 from London. It was registered with Companies House in December 2012 and its website offered investment opportunities in the trading of fine wines.
Police began an investigation after a Staffordshire based wine company came forward to contact officers over its dealings with the company. The investigation established that wines sold to investors did not exist and that any investors who sold their wine through the company did not receive any money. A 25 year old man has been arrested in London. On suspicion of fraud by false representation and conspiracy to defraud. He has been bailed to a date in April pending further enquiries.