Andrew Dunne, James Hewitt and Thomas Sloan have been banned as directors for their part in a series of wine investment scams. In mid-July, London's High Court banned 46-year-old Dunne and 37-year-old Thomas Sloan for 10 years, while 26-year-old Hewitt was banned for until 2012.
The DTI said: Their companies, Liquid Acquisitions and James Hewitt Associates, were investment wine companies that promised clients a fantastic return on their investment. In reality, people ended up buying wine at up to three times its true value.'
The DTI said: ?Their companies, Liquid Acquisitions and James Hewitt Associates, were investment wine companies that promised clients a fantastic return on their investment. In reality, people ended up buying wine at up to three times its true value.?