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The New Coffee Room

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  3. For You Wine Connoisseur

For You Wine Connoisseur

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  • taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on last edited by
    #1

    Interesting article. I dont know anything about wine, but it just shows that having a lot of money does not make a person smarter.

    https://www.grubstreet.com/article/omar-khan-wine-tastings-charged-with-fraud.html

    At some point, Penavić says, though he can’t say for sure exactly when, he realized that he’d invested some $5 million in Khan’s events and never seen a dime of profit. That’s when he started calling around to other wine people. “My hit rate was 100 percent,” he says. “Every single person I called answered the phone and said, ‘You’re calling about Omar, aren’t you?’”

    In September 2019, Penavić and 12 other members of the New York wine elite sued Khan in state court, alleging that he had taken them for nearly $8.3 million. The charge was as extraordinary as it was embarrassing: For people immersed in a hobby predicated on discernment, they’d proven to be pretty easy marks. The U.S. Attorney for the Southern District of New York began investigating Khan, and in February 2020, prosecutors filed an indictment. But the authorities were unable to make an arrest. By then, Khan had fled the country.

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