On the evening news of TF1 on October 29th, Thomas Hébrard, CEO and founder of U’Wine, explains how wine investment is working in a report about fraud existing in this sector.
TF1 report highlights the several frauds in wine investment, especially with testimonial of a victime from that kind of scam. The French Market Authority which rules this economic area also informs the investors about risks and published a list of black players identified as fraudulent. Thomas Hébrard explains finally how important is the time regarding wine investment: “the more ones waits, the higher is the return” he mentioned, as wine investment is about several years, between 5 and 8 years. He also mentions that “the expected yield is about 5-8% net per year.”