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  • Other Scams – Fine Wine Investment

    Posted on September 19th, 2010 admin No comments

    Fine Wine Investment

    Whilst we at Adscams are always on the lookout for charity advertising scams, we also keep and eye out for other scams.

    Last week I had a phone call from a company who asked if I was interested in “Fine Wine Investing”.  Firstly investing isn’t high on my priorities list right now and as I am not a drinker, investing in Wine was not of interest to me. 

    I politely said “no thanks” to the sales guy on the phone and I was then asked “why?” – ahh Mr wont take a polite no thanks, I bet he went to sales school.

    I explained my lack of desire to invest in anything at the moment and my dislike of Alcohol and he then quoted an article in “The Times” as recommending a fine wine investment.  This perked my attention somewhat – I recall last year receiving a very similar phone call from a company trying to get me to invest in “Land”. – I still said no thanks.

    He then continued his ploy to get me interested by using NLP techniques and trying to convince me I was not doing myself any favours by not investing. – Wont they learn – the more you push me the less likely I will do any business. In the end I said NO and he hung up.

    Knowing a friend who does like his wine and keeps a special fridge to store his favourites I thought I would seek his expertise.  He kindly forwarded me this cut out from the Sunday Times:

    fine wine investment scam

    Recommended Book:   Wine Investment for Portfolio Diversification: How Collecting Fine Wines Can Yield Greater Returns Than Stocks and Bonds

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