Otium Cellars News Today

A German man embezzled more than $4m to bankroll a boutique winery, farm and horse ranch on his property in Virginia, according to court documents.

German national Gerhard Bauer admitted to stealing more than $4 million from his employer, thought to be industrial firm Frenzelit, to finance his Virginia wine and horse ranch enterprises 2010 to 2017.

He also spent stolen money on hundreds of wine bottles, federal prosecutors in Virginia say.

Virginia Is for Wine Lovers Saveur 2/19/2021 Colman Andrews © Provided by Saveur Virginia’s annual Governor’s Cup Case includes the year’s top twelve local wines. Every state makes wine—even Hawaii, even Alaska. The one with the big reputation, of course, is California, which produces more than 80 percent of this country’s vintages and most of its best ones. After those, oenophiles tend to favor bottles from Washington, Oregon, and, to a lesser extent, New York. ...