In Vino Ver­i­tas?

Hong Kong Tatler - - News -

Many hope the 10-year jail term handed to In­done­sian wine fraud­ster Rudy Kur­ni­awan in the United States in Au­gust will have a salu­tary ef­fect on the wine mar­ket, sta­bil­is­ing the top end and fo­cus­ing in­ter­est on qual­ity drink­able wines. The 37-year-old col­lec­tor, who was con­victed of pro­duc­ing and sell­ing coun­ter­feit fine wines, was also or­dered to pay US$28.4 mil­lion in resti­tu­tion to seven of his vic­tims through the sale of his prop­erty, in­clud­ing two houses in Los An­ge­les, works of mod­ern art and fine time­pieces. The scan­dal, how­ever, is likely to leave the mar­ket for old and rare wines scarred for some time, with buy­ers scep­ti­cal of the authenticity and prove­nance of aged bot­tles. One has to won­der about the thou­sands of bot­tles Kur­ni­awan sold in the late 1990s and 2000s in the US and abroad. Many are still out there.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.