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Wine Bar Fraud Exposed
Description
A swanky South African wine bar in London, iGoli, was born from a hit musical — but its founders got burned when financier Sherwin Sampson vanished with their money. Pitching a $20 million loan after taking $100K upfront, Sampson vanished when funds didn’t materialize, even suggesting life insurance policies in his favor. The bar opened without funding, barely surviving. Spira and Naik sued, won back over $900K plus interest, and now police are investigating fraud — no arrests yet, but Sampson’s legal team says settlement talks are open.
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