For his combined crimes, John Fox probably faces a maximum of six and a half years in prison and is on the hook to pay $45 million in restitution.
Hector Ortega
Posted inBusiness, Nosh
How did Berkeley wine store accrue $70M in debt?
The owner of Premier Cru purchased much of his fine wine on the gray market.
Posted inNosh
Customers confront owner of bankrupt wine store
John Fox, the embattled co-owner of Premier Cru, faced some of his long-time customers at a creditors’ hearing in Oakland.
Posted inBusiness, Nosh
FBI is investigating whether Premier Cru ran a Ponzi scheme
In December 2011, John Fox was all smiles as he held large scissors to cut the ribbon for the grand opening of Premier Cru’s new retail store at 1011 University Ave. Photo: Premier Cru In December 2011, John Fox was all smiles as he held large scissors to cut the ribbon for the grand opening […]
Posted inBusiness, Crime, Crime & Safety, Nosh
Troubles mount for Premier Cru as FBI steps in
The FBI is investigating claims of a Ponzi scheme involving the Berkeley wine company Premier Cru.
Posted inBusiness, Crime, Crime & Safety, Nosh
Berkeley’s Premier Cru paid its tech staffer in wine
As the Chapter 7 bankruptcy case of the Berkeley wine store winds its way through court, significant details emerge about its operations.
