Berkeley: Wine store accused of running pyramid scheme files for ban...

Berkeley: Wine store accused of running pyramid scheme files for bankruptcy
Contra Costa Times
Premier Cru, a Berkeley wine company that sold "wine futures," filed for Chapter 7 bankruptcy Friday and claimed the company owed more than $70 million, but had only $7 million in assets. The filing listed almost 1,000 individual names of customers ...
Premier Cru owes customers almost $70 million for wines it never deliveredWine Spectator
California's Premier Cru wine retailer files for bankruptcydecanter.com
Premier Cru folds with enormous debtsThe Drinks Business

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