Wine Name:

Monday, 31 October 2011

Moncharm Ltd: money hungry young fine wine brokers wanted

Brokers Wanted for The Fine Wine Market

Job ID: 48649
Job Views: 1234
Location: Bromley,*
United Kingdom
Zip / Post Code:
Job Category: Alternative
Role: Broking
Employment Type: Full-time
Salary: incl Commission: £50,000.00 per year
Posted: 25/10/2011

Job Description
The Fine Wine Market
The Safe Haven for 2011

Do you enjoy the finer things in life?
Are you money hungry?

Then look no further.

We're an established Fine Wine Brokerage that are looking for money hungry young individuals that are willing to learn and be apart of a successful company.

We will provide full in-house training on the product and in sales.
All we asked for is for you to be energetic, enthusiastic and hungry for the finer things. You do not need to know the ins and outs of the Fine Wine Market. (Bold added.)

Please Contact Guy on 020-7959-2261 for an interview or altenatively please send your CV to

Moncharm Ltd
68 King William Street
(United Kingdom)

Phone: 0207 959 2261

Language:  English
Fluency:  Fluent

 * Job is in Bromley but firm's address is at 68 King William Street, London EC4N 7DZ  – a serviced office block.

Friday, 28 October 2011

Wine fraud on the rise in Hong Kong

Article from The Drinks Business:

Hong Kong’s booming wine sector has led to a surge in illegal wine activities, from wine theft to investment frauds, writes Jessica Lam Hill Young.

Local media recently reported the largest wine fraud scheme in Hong Kong this June, involving a wine broker company called Premium Liquid Assets, which swindled over 400 people out of HKD$50 million by advertising a 10-30% investment return on en primeur wine. 

Click on Drink Business above to read the rest. 

See also earlier post on investdrinks here.

Saturday, 8 October 2011

Sentences in bio-diesel investment fraud total almost forty years

Not wine investment but an example of a boiler room fraud using cold calling and high pressure sales techniques. 

4 October 2011

Seven men, who collaborated in a Spanish based boiler- room operation, were sentenced at Ipswich Crown Court today to a total of 39 and a half years’ imprisonment for conducting an £8 million investment fraud.    Following a trial, six defendants were convicted by the jury on the 12 September.  Another pleaded guilty on 6 June at the start of the trial. 

This case involved the selling of shares in bio-diesel company Worldwide Bio Refineries Ltd (WBR).  Further background on the case was available in the conviction press release issued on the 12th September.

SFO reaction
Commenting on the convictions SFO Director Richard Alderman said, “I am very pleased with the sentences in this case which reflect the callous way the criminals preyed on their victims.”

Dennis Potter of Singapore (DOB 02/04/39) and Redmond “Ray” Charles Johnson of Tyne and Wear (DOB 19/09/44) were the directors of WBR.

  • Potter was sentenced to seven years’ imprisonment.
  • Johnson who pleaded guilty under a SOCPA arrangement, (see note 3 for details) was sentenced to three years’ imprisonment.

In addition, Potter and Johnson were disqualified from acting as company directors for 12 years,’’

The remaining five defendants were boiler room operatives and their sentences were as follow:

From Marbella :-
  • Steven John Murphy (DOB 13/02/76) was sentenced to six years’ imprisonment. 
  • Greg Pearson (DOB 26/08/73) was sentenced to six years’ imprisonment.

From Hertfordshire:-
  • Paul Daniel Murphy (DOB 28/09/73) was sentenced to six years’ imprisonment.
  • Lee Eliot Homan (DOB 02/07/72) was sentenced to five years’’ and six months imprisonment.

From London :-
  • Peter Bibby (DOB 01/09/67) of south London absconded and was tried and sentenced in absentia to six years’’ imprisonment. There is a court issued warrant for his arrest.

All of the five boiler room operatives were also disqualified from being company directors for six years.

In passing sentence, HHJ Overbury said of the fraud “This was a well planned, sophisticated, and well executed fraud dressed up in the language of legitimate business.  It involved deliberate targeting of a particular group of investors.  The Directors actions amount to a breach of trust of the investors.  They had a long lasting effect on the victims who lost their savings.”

On the prosecution case, the judge said, “This was a complex investigation carried out with the utmost professionalism by the SRB [case team] SFO and the Norfolk and Suffolk Constabulary.  All those involved in the investigation are to be commended for their hard work and professionalism.”

This case was prosecuted by the Serious Fraud office in conjunction with Norfolk and Suffolk Constabularies.  Confiscation proceedings will take place at court on a date to be fixed.

Notes for editors: