Major Cellar's Major Tumble
As Hong Kong listed wine company Major Cellar quickly distances itself from its former CEO and director, we look at the biggest wine scam case of recent history in Hong Kong.
Joseph Leung (left)
What happened?
Joseph Leung, who just resigned as CEO and director of Hong Kong listed wine company Major Cellar last month, has been arrested by police for embezzling RMB 25 million (US$3.21 million) worth of fine wines and spirits from his client.
The client from mainland China entrusted Leung to temporari…