Winery Co-owner Could Be Removed

Charles Banks

Photo: Ron Cortes, Freelance / For The San Antonio Express-News

Otago Daily Times

United States wine fund manager Charles Banks could be removed as an owner of New Zealand’s Trinity Hill winery if he is found not to be of “good character”,  the Overseas Investment Office says.

It noted Banks has pleaded guilty to a charge of fraud in the US. According to the San Francisco Chronicle, Banks — former financial adviser to NBA player Tim Duncan — pleaded guilty on Monday to federal wire fraud.

Read more in the Otago Daily Times…