Oenophilic Pyramid

A businessman has pleaded guilty to setting fire to $200m worth of vintage wines in what is believed to be an attempt to cover up a pyramid scheme.

A businessman dealing in vintage wines has pleaded guilty to setting fire to $200m worth of vintage wines in what is believed to be an attempted cover-up of an oenophilic pyramid scheme. Mark Anderson, a native of Berkeley, admitted arson on a warehouse in Vallejo which destroyed six billion bottles and entire generations of Californian vintage wines. Prosecutors believe the fire’s motive was to destroy evidence for another earlier investigation into his wine storage company, Sausalito Cellars, which is suspected to be a pyramid scheme. "After accepting deposits of bottles of wine from customers, Anderson was accused of selling them through a Chicago company -- and sometimes replacing the expensive bottles he sold with Trader Joe's ‘Two-Buck Chuck.’ Indeed, it appears that Anderson was running a massive oenophilic pyramid scheme--and, for the wine world, has carved a path of destruction not dissimilar to Bernie Madoff's decimation of New York high-society."

Related Articles

A controversial theory claims past, present, and future exist at the same time

Our experience of time may be blinding us to its true nature, say scientists.

Back to the Future.
Surprising Science
  • Time may not be passing at all, says the Block Universe Theory.
  • Time travel may be possible.
  • Your perception of time is likely relative to you and limited.
Keep reading Show less

Six disastrous encounters with the world’s most hostile uncontacted tribe

From questionable shipwrecks to outright attacks, they clearly don't want to be bothered.

Culture & Religion
  • Many have tried to contact the Sentinelese, to write about them, or otherwise.
  • But the inhabitants of the 23 square mile island in the Bay of Bengal don't want anything to do with the outside world.
  • Their numbers are unknown, but either 40 or 500 remain.
Keep reading Show less