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Wine News

Another day another wine scam

Another report this week of a wine investment company scam. Finite Futures, registered last October by Adam Knowles, is no longer in operation and its Waterloo offices have been abandoned, despite the website claiming them to be in Mayfair.

According to The Mirror newspaper, Companies House records Knowles, an airport driver, as the sole director of Finite Futures, which gained new business by cold calling potential clients.

One of the clients it duped was a man from Surrey who wishes to remain unnamed. Having lost money with another investment firm, a salesperson at Finite Futures promised to help get it back if he agreed to buying wine from them. He bought a case of Cos d’Estournel 2003 for £2,000 and Lafite 2009 for £7,700 but now he can't contact them.

The registered address for Finite Futures is in Brighton.