The Drinks Business reports that James Wellesley, a UK citizen who also used the names Andrew Fuller and Andrew Templar, has been sentenced in New York to 10 years in prison over a US$97 million fine wine investment scam. Prosecutors said he and a co-conspirator falsely told investors that loans were secured against high-value wine collections held by Bordeaux Cellars, when in fact the collectors and collateral did not exist and new money was used to pay earlier investors. It is a stark reminder that fine wine still attracts fraud built on prestige, opacity and the promise of steady returns.