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American Greed Podcast

Vintage Wine Fraud

American Greed Podcast

CNBC

Tv & Film, Society & Culture, Documentary, True Crime

4.62K Ratings

🗓️ 24 March 2026

⏱️ 41 minutes

🧾️ Download transcript

Summary

A counterfeit wine dealer dominates the fine wine scene, making millions selling his cheap basement blends through elite auction houses. (Original television broadcast: 7-24-2015) Want to binge watch your Greed? The latest episodes at: https://www.cnbc.com/american-greed/

Transcript

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0:00.0

This is the American Greed podcast presented by CNBC. I'm Stacey Keach.

0:08.6

In this episode of American Greed, in the big money world of fine and rare wine,

0:14.9

there's one name that's spoken with awe, Rudy Cornelow. He had the deepest seller of the most collectible wines in the world. He was

0:24.6

able to produce them, and that made him a star. Rich collectors want to fill their sellers with

0:29.4

trophy wines, and Corniowan is their source. So it kind of became a feeding frenzy for these

0:35.0

mythical wines that really don't exist very often in the world.

0:39.1

Selling wine to billionaires makes Kurniawan a fortune.

0:43.3

Rudy Kurniwan loved the high life. He spent his money on every kind of luxury you can imagine.

0:49.3

He was building a mansion in Beverly Hills. He bought cars like a Lamborghini. But when experts look closely at his bottles,

0:57.0

they discover a massive crime.

1:00.0

The funny thing is that this label has a lot of things wrong with it.

1:04.0

This bottle, which came from Rudy Crenio on, is counterfeit.

1:08.0

The label in this particular case is a reproduction. It's fake.

1:11.8

Something was too good to be true.

1:14.6

It's called the Coke Door, the Golden Slope. These gently rolling hills in the Burgundy region of France

1:30.3

produce what many consider to be the world's finest wine.

1:35.3

There is a flavor balance that is both powerful

1:40.3

and utterly soft and feminine.

1:44.8

It is really an iron fist in a velvet glove.

1:48.6

Visitors are often surprised by how tiny Burgundy's vineyards are.

1:53.6

The legendary Romani-Conte Vineyard, for example, is just over four acres.

1:58.9

Or to use a classic American yardstick,

...

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