Live from the cbs bay area studios this is kpix5 news. Tales of luxury the owner of this bay area wine shop schemed customers out of millions. So where did that money go . Tonight tales of luxury cars and online dates. Tonight that berkeley wine shop owner admits to fooling customers and using their cash for his pleasure. Kpix5s Christin Ayers shows us how he did it. Reporter the storefront is still standing, but the business is bankrupt. Today john fox, former owner of premier crew fine wines in berkeley admitted to running a ponzi scheme and ripped off his customers for 40 million. Heres how the scam worked. A customer would purchase expensive european wines from fox with the promise it would arrive in six months to two years, but in many cases fox admits he falsified purchase orders and never even bought the wine. The u. S. Attorney said fox acknowledged between 2010 and 2015 he sold or attempted to sell approximately 20 million worth of phantom wine that he never actually purchased
Live from the cbs bay area studios this is kpix5 news. Tales of luxury the owner of this bay area wine shop schemed customers out of millions. So where did that money go . Tonight tales of luxury cars and online dates. Tonight that berkeley wine shop owner admits to fooling customers and using their cash for his pleasure. Kpix5s Christin Ayers shows us how he did it. Reporter the storefront is still standing, but the business is bankrupt. Today john fox, former owner of premier crew fine wines in berkeley admitted to running a ponzi scheme and ripped off his customers for 40 million. Heres how the scam worked. A customer would purchase expensive european wines from fox with the promise it would arrive in six months to two years, but in many cases fox admits he falsified purchase orders and never even bought the wine. The u. S. Attorney said fox acknowledged between 2010 and 2015 he sold or attempted to sell approximately 20 million worth of phantom wine that he never actually purchased
The process of hollowing out the community. Reporter to the baby boomers who are able to buy home decades ago and now call steve and kate entitled millennial brats . They didnt have to deal with all cash offers. They didnt have to deal with foreign investors. They werent saddled with 100,000 of college debt. All of those people thought it was perfectly normal and fine and sane for middle class people like teachers and plumbers to own houses in palo alto but those seem people are now turning around same people are now turning around saying you should be fine with renting forever. Thats your lot in life. Nobody listens when you say you cant afford to live here. You know why people are listening i have no idea but all the normal people who make up a normal community are being priced out. And the question is, is that really what we want for our future . Reporter we tried to get reaction from the mayor but through a spokesman the city of palo alto had no comment other than to say that the p
84 to 91 across the Santa Clara Valley including your rose Garden District and east of the bay 74 in hayward to 88 in san ramon bested by 93 in livermore and brentwood. Meanwhile, to the north you take your pick. You want 60s, head west. 70s mill valley. 80s, head to napa and sonoma valleys. 93 in cloverdale. Weekend will be hotter. Ukiah 100. Well talk about triple digits for the weekend coming up at 18 after the hour but right now, heres roqui thank you, ro. Spare the air day, you mentioned mass transit if you are doing that this morning, major delays headed to the east bay about 30 to 45 minutes actually pittsburgbay point and dublinpleasanton lines delayed due to equipment problems. Crews are on the scene trying to fix that for you guys this morning. Lets do a bridge check. Your san mateo bridge across that span into the peninsula will take you about 15 minutes and then your beautiful bay bridge toll plaza is looking clear to right now but, of course, that will change later in the
Because we were left with no witness and no video. Thats disappointing on many levels because this is the kind of case where you know, you have significant levels of domestic violence. Then in 2014, chahal is accused of assaulting another woman which violated his three year probation. This time, the judge will allow the video from the first case to be submitted into evidence which could be enough to put the tech mogul behind bars or have his probation extended. Lisa, how much jail time will he get . Reporter he could serve one year in jail for each of two misdemeanor counts. So thats up to two years behind bars. Live in the newsroom, lisa chan, kpix 5. Police are looking for the driver involved in the deadly hitandrun that happened late last night near sonoma boulevard and cherry streets. Investigators say a man was crossing the street when he got lit by a truck. The man died hit by a truck. The man died at the scene. The driver fled. Police are looking for a light colored nissan. Toda