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Bottom of the barrel for wine investors

A California-based wine store is under investigation for selling millions in futures contracts in a Ponzi-like scheme.

FROM the outside, the Premier Cru wine store in Berkeley, California, looked like a traditional, upscale wine-seller. The 29,000-square-foot store was lined with tapestries, wood shelves and a "rare wine room" stocked with trophy Bordeaux and Burgundies.

Yet, Premier Cru didn't just sell

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