Seller of risky wine futures faces sentencing in LA in
Seller of risky wine futures faces sentencing in LA in fraud case (The Daily Comet)
Ronald Wallace promised he could deliver rare, fine wines at bargain prices. But his clients were left with sour grapes. Wallace, 49, dabbled in wine futures, an established yet unregulated system that allows customers to purchase a specific vintage years before it’s bottled and publicly released.