{"id":10082,"date":"2022-05-11T14:57:50","date_gmt":"2022-05-11T13:57:50","guid":{"rendered":"https:\/\/oxfordwine.co.uk\/owc\/?p=10082"},"modified":"2022-05-11T14:58:07","modified_gmt":"2022-05-11T13:58:07","slug":"talking-wine-may-2022","status":"publish","type":"post","link":"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-may-2022\/","title":{"rendered":"Talking Wine &#8211; May 2022"},"content":{"rendered":"<section class=\"l-section wpb_row height_medium\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><time class=\"w-post-elm post_date entry-date published\" datetime=\"2022-05-11T14:57:50+01:00\" title=\"11 May 2022 at 14:57:50 Europe\/London\" itemprop=\"datePublished\">4 years ago<\/time><div class=\"w-separator size_small\"><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h2>Talking Wine &#8211; May 2022<\/h2>\n<p>My attention has just been drawn to another wine scam and although I have touched on this subject in the past, I must warn potential wine investors to be ultra-cautious if following this slightly dangerous route. This time it&#8217;s a company called Global Wine Exchange.<\/p>\n<p>The Directors claimed to have &#8220;over a decade of experience&#8221; despite the company only being registered in 2018. They aggressively persuaded investors to part with their hard-earned money (or not!) and promised huge returns. However instead of buying and storing carefully chosen wine they simply pocketed most of the money. They lied about where the wine was kept but managed to spend the money\u00a0 lavishly for a year or two before getting rumbled.<\/p>\n<p>There are several well-known wine companies who specialise in wine investment and have a good reputation. But the problem here is that you don&#8217;t see your wine for many years whilst it is stored in bonded warehouses in perfect conditions. Therefore, rogue companies operate a Ponzi scheme and because investors do not actually have real proof of ownership they can cleverly avoid getting caught out for many years. These scam companies often operate under posh sounding names which would seem, on the surface to have great credibility. They produce elaborate brochures and investment charts but wine investment, like most investments, can vary hugely (as I write the stock market has crashed). Catch it right and you can make good returns, but nothing is guaranteed and unless you know what you are doing, I would personally avoid such investments. If you want some advice, please speak to us &#8211; we would guide you to the right company where your investment would be safe and you would always own the wine. So if the investment failed just drink the wine!!<\/p>\n<\/div><\/div><div class=\"w-separator size_small\"><\/div><div class=\"w-post-elm post_author vcard author color_link_inherit with_ava avapos_top\"><a href=\"https:\/\/oxfordwine.co.uk\/owc\/author\/tedmd\/\" class=\"fn\" aria-hidden=\"true\" tabindex=\"-1\"><div class=\"post-author-ava\" style=\"font-size:96px;\"><img loading=\"lazy\" decoding=\"async\" width=\"96\" height=\"96\" src=\"https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-96x96.png\" class=\"avatar avatar-96 photo\" alt=\"\" srcset=\"https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-96x96.png 96w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-300x300.png 300w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-1024x1024.png 1024w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-150x150.png 150w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-350x350.png 350w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-600x600.png 600w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-400x400.png 400w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-24x24.png 24w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-48x48.png 48w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1.png 1080w\" sizes=\"auto, (max-width: 96px) 100vw, 96px\" \/><\/div><\/a><div class=\"post-author-meta\"><a href=\"https:\/\/oxfordwine.co.uk\/owc\/author\/tedmd\/\" class=\"post-author-name fn\">Ted Sandbach<\/a><div class=\"post-author-info\">Ted studied History and Physical Education at Loughborough University before teaching at Magdalen College School in Oxford for 7 years. He gave up teaching to follow his passion for wine and cut his teeth at Stevens Garnier in Wine retail. During this time he travelled extensively and took his wine exams including the Diploma \u2013 which he will admit is much harder these days! Frustration and ambition prompted him to start The Oxford Hamper Company in 1985 which by 1992 had metamorphosed into The Oxford Wine Company.<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"4 years agoTalking Wine &#8211; May 2022 My attention has just been drawn to another wine scam and although I have touched on this subject in the past, I must...","protected":false},"author":2,"featured_media":9364,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-talking_wine"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Talking Wine - May 2022 - Oxford Wine Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-may-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Talking Wine - May 2022 - Oxford Wine Company\" \/>\n<meta property=\"og:url\" content=\"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-may-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Oxford Wine Company\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theoxfordwinecompany\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-11T13:57:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-11T13:58:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ted Sandbach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TheOxfordWineCo\" \/>\n<meta name=\"twitter:site\" content=\"@TheOxfordWineCo\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ted Sandbach\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-may-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-may-2022\/\"},\"author\":{\"name\":\"Ted Sandbach\",\"@id\":\"https:\/\/oxfordwine.co.uk\/owc\/#\/schema\/person\/429d0557e47aa59854a0f44e780ed621\"},\"headline\":\"Talking Wine &#8211; 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