Lifestyle

The $9.5 Million Hangover

Almost exactly four years ago, New York’s James D. Walsh was deep into reporting a jammy feature. It was about an alleged scam in the world of extremely fine wine, and his notebook was full of dishy details — like oenophiles dropping $25,000 to attend a single Burgundy-soaked dinner and only belatedly realizing that they’d been separated from millions of dollars. So what happened to the story? COVID hit. Not the best time to publish grand cru Schadenfreude! James put his reporting on a shelf. Then, just a few weeks ago, he was startled to receive a tip. The perpetrator of the alleged scam, who’d fled the country, was set to be arrested at JFK and charged with defrauding his clients of $9.5 million. With his notes brought back to life, James got typing. Enjoy it tonight with a generous pour of whatever’s open.

—Nick Summers, features editor, New York

The $9.5 Million Hangover Did a wine-world insider swindle his Bordeaux-swilling pals?

Photo-Illustration: New York Magazine; Photos: @okbizwine/Instagram; Getty Images

Read the full story
Enjoying One Great Story?
Subscribe now for unlimited access to everything New York.

More From Today

Joshua Needelman reports on the teens whose obsession with the MTA has gone to the dangerous extreme of “train-jacking” — taking out-of-service subway cars for a mini-joyride.
READ MORE »
“All that money can only give you a chance, not a guarantee.” On the Cut, three women who traveled abroad for IVF share what they spent and how it went.
READ MORE »
Vulture’s Devon Ivie sits down with Pete Doherty and Carl Barât, of the notoriously volatile indie rock band the Libertines, to talk about the “moment of rare peace” that led to their new album.
READ MORE »
Intelligencer’s Matt Stieb asks Haiti expert Robert Fatton about the international efforts to retake control of the country, where heavily armed gangs have the upper hand.
READ MORE »
Why are parents on TikTok so angry? “Brooding” columnist Kathryn Jezer-Morton examines how the online barrage of gentle child-rearing advice has many caregivers fed up.
READ MORE »
Our greatest writers’ greatest hits, from the New York archives, and for subscribers only. Sign up here.
Get The Newsletter

Categories: Lifestyle

Leave a Reply