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Newport man accused of stealing $2.7 million in vintage wine

October 4, 2012 |  5:52 pm

A Newport Beach man is accused of stealing $2.7 million in vintage wine
A Newport Beach man who had a nose for the most coveted wines could wind up spending 16 years in prison after being accused of stealing $2.7 million worth of vintage vino.

George Osumi, 64, faces six felony charges related to stealing bottles of collectable wine from clients who paid to store them in his temperature-controlled facility in Irvine.

Osumi, who operates Legend Cellars Inc., is accused of breaking into lockers starting in 2008 and replacing the good stuff with bottles of cheaper wine.

Prosecutors said Osumi then hired a friend –- who was unaware the wine was stolen -– to auction some of it off. Later, Osumi allegedly auctioned more of the bottles himself.

In all, authorities say he pocketed nearly $600,000.

Osumi is being held on $4-million bail and is scheduled to be arraigned Friday in Orange County Superior Court.

Osumi has also been charged with tax and insurance fraud in a separate case.


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Image: Wine. Credit: Getty Images