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UK: Wine investment company boss jailed
Jan 17, 2011
Wine investment company director Benedict Moruthoane has been jailed for 7.5 years for fraud. Moruthoane, who set up and ran Templar Vintners Ltd, was sentenced at St Albans Crown Court on 5 January after a two-month trial.
The fraud related to two wine investment companies: Templar Vintners Ltd and International Wine Commodities Ltd. Moruthoane was a director of IWC, but not a director of Templar Vintners.
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