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  1. 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. He had pleaded guilty to a single count of wire fraud although he ...

    • Co-Founder, Executive Editor
  2. Feb 26, 2021 · John Fox, who ran Premier Cru and sold fake collectible wines, served four years of his six-plus year sentence for wire fraud. He now faces probation and restitution to his victims, who lost millions of dollars.

    • Shawn Zylberberg
  3. Feb 24, 2021 · John E. Fox, who ran a US$45 million wine fraud through his store, Premier Cru, was released from federal custody a year earlier than expected. He pleaded guilty to wire fraud and agreed to pay $45m in restitution to 9,000 victims.

  4. Feb 24, 2021 · John Fox, who scammed customers of $45 million by selling fake wines at his Berkeley shop, Premier Cru, was freed from prison after serving less than half of his sentence. He paid $240,000 to an online extortionist and spent $90,000 on luxury cars, while his victims face bankruptcy and lawsuits.

  5. Feb 26, 2024 · John Fox was the owner of Premier Cru, a Bay Area store that sold collectible wines to wealthy customers. He admitted to running a $45 million Ponzi scheme and was sentenced to probation after serving four years in prison.

  6. Dec 15, 2016 · John Fox pleaded guilty to wire fraud and was sentenced to six and a half years in prison for selling phantom wine and embezzling money from customers and suppliers. He also admitted to paying extortion to a woman he met online and agreed to pay back $45 million to his victims.

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  8. Feb 9, 2017 · In 1980, a California man named John E. Fox opened a wine store near San Francisco called Premier Cru. More than a decade later, when the business was struggling financially, Fox devised a way to ...

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