Watch out: wine investment scam cold calling

Just a quick alert. Beware of anyone cold calling selling wine as an investment. I know this sounds like obvious advice, but some people seem to ignore it.

Lionel Nierop, who runs Bid For Wine, told me that he’s discovered that a scam company had been cold calling consumers, selling wine as an investment while pretending to represent Bid For Wine (who don’t use any telephone sales techniques). This is quite scary for someone like Lionel, because if consumers paid for wine, and then it failed to materialize, he’d be left to pick up the pieces.

Jancis Robinson has written on the topic here.  And Jim Budd has bravely published a list of companies he wouldn’t buy wine from here.

Be careful who you buy your wine from.

51 comments to Watch out: wine investment scam cold calling

  • colm a

    i have received a bill from a wine company no list of wines purchased or prices.am i under any obligation to pay this bill as i may have inadvertently agreed purchase as this company is on list of those to avoid.Any help would be greatly appreciated. thanks to jamie Goodie for excellent website

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