Pursuits
Billionaire Koch Wins $12 Million Verdict in Fake Wine Trial
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Billionaire collector William Koch, after waging a $17 million legal battle over 24 bottles of counterfeit Bordeaux, was awarded $12 million in punitive damages by jurors, some of whom shook his hand after court.
The federal jury in Manhattan found against the consignor, Eric Greenberg, concluding he made fraudulent representations about the authenticity and provenance of the wine, including claiming that many purported grand crus, with one dating back to