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CEO embezzled $4m to build boutique winery and horse ranch in Virginia - Vimarsana News

CEO embezzled $4m to build boutique winery and horse ranch in Virginia

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.

Businessman, 73, faces 20 YEARS in jail for embezzling more than $4 million from his industrial firm to build boutique winery and horse ranch on private Virginia farm - Vimarsana News

Businessman, 73, faces 20 YEARS in jail for embezzling more than $4 million from his industrial firm to build boutique winery and horse ranch on private Virginia farm

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.

CEO stole over $4 million from company to build winery, farm and horse ranch, feds say - Vimarsana News

CEO stole over $4 million from company to build winery, farm and horse ranch, feds say

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

Source: yahoo.com
Virginia Is for Wine Lovers - Vimarsana News

Virginia Is for Wine Lovers

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. © TK Virginia’s annual Governor’s Cup Case includes the year’s top twelve local wines. There...

Source: msn.com