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Wine broker Finite Futures deserts clients
A UK company claiming to be “one of the world’s leading wine brokers” has stopped answering its phones, leaving clients in the dark about their investments.
The Finite Futures homepage
As reported by The Mirror, Finite Futures, which was registered last October by 34-year-old Adam Knowles, is no longer in operation and its Waterloo offices have been abandoned, despite the website claiming them to be in Mayfair.
A brief browse of the company’s website is enough to set off alarm bells.
It boldly claims that its merchants are “among the most knowledgeable in the fine wine industry”, with “over 30 years experience”, despite the company being founded just seven months ago.
The site is also riddled with grammatical errors.
It goes on: “You can be assured that you are in safe hands when it comes to the management of your portfolio.”
According to The Mirror, Companies House records Knowles, an airport driver, as the sole director of Finite Futures, which gained new business by cold calling potential clients.
One of the clients it duped was a man from Surrey who wishes to remain unnamed. Having lost money with another investment firm, a salesperson at Finite Futures promised to help get it back if he agreed to buying wine from them.
He bought a case of Cos d’Estournel 2003 for £2,000 and Lafite 2009 for £7,700.
“He said he knew buyers in Hong Kong who would pay £22,000 for it. But now I can’t contact them, I’m worried that I can’t check where my wine is,” the scam victim told The Mirror.
The paper was given access to a sales script from the company, which reads: “I want you to start to imagine you’ve made 20%, 30%, in this market”, describing their investments as “the safest bet that you will get in this country”.
The registered address for Finite Futures is in Brighton. db attempted to contact the company without success.