Federal Investigation of Counterfeit Wine Sales
The FBI and federal prosecutors are investigating whether dealers and auction houses have been selling inferior wines bottled and labeled as rare vintage wine. According to the Associated Press, Christie's has acknowledged that it was recently subpoenaed to testify before a federal grand jury looking into wine counterfeiting. The federal investigation was apparently prompted by a civil suit filed by billionaire William Koch against two wine dealers who had sold him bottles of counterfeit wine including five bottles of extremely rare wine for which he paid more than $500,000. Christie's reportedly had validated that four of these bottles had been owned by Thomas Jefferson.
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