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Feb 22, 2021 · John E. Fox, who admitted to running a $45 million wine Ponzi scheme from his store, Premier Cru, on University Avenue, will be released from federal custody tomorrow, almost two years earlier than expected. Fox was sentenced in December 2016 to 78 months in prison or 6.5 years.
- Co-Founder, Executive Editor
Feb 26, 2021 · Feb 26, 2021. John Fox, the wine shop owner who admitted to conducting a two-decade long, multimillion-dollar wine Ponzi scheme, was released Feb. 23 from North Carolina’s Residential Reentry Management (RRM) Raleigh facility after serving four years of his six-plus year sentence for wire fraud.
- Shawn Zylberberg
Feb 24, 2021 · John E. Fox, who admitted to running a US$45 million wine Ponzi scheme through his store, Premier Cru, is scheduled to be released from federal custody this week – a year earlier than...
Aug 25, 2016 · The Disastrous $45 Million Fall of a High-End Wine Scammer. Premier Cru’s John Fox got his clients rare vintages at deep discounts when they purchased cases on “pre-arrival.” Then a few too...
Dec 15, 2016 · Peter Hellman. Dec 15, 2016. John Fox, the wine store proprietor who admitted to conducting a Ponzi scheme for two decades, was sentenced in federal court yesterday to six and a half years in prison. Fox, 66, owner of the bankrupt Premier Cru, stood in a San Francisco court room, shackled at the ankles and wearing dark red prison garb inscribed ...
Feb 9, 2017 · February 9, 2017. Wine Ponzi Scheme. Long-Running Fraud Cost Victims Millions of Dollars. In 1980, a California man named John E. Fox opened a wine store near San Francisco called Premier...
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Feb 26, 2024 · Convicted wine fraudster John Fox was scheduled to be released from prison on Tuesday after serving about four-and-a-half years of his... John E. Fox, who admitted to running a US$45 million wine Ponzi scheme through his store, Premier Cru, is scheduled to be released from...