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Prosecutors say aid meant for older and homeless Americans paid for Porsche rentals, Loro Piana purchases and nearly a year of travel.

One of Italy’s oldest Tuscan vintners, the house of Frescobaldi, is now exporting several labels of its Italian wine to Colombia, via importer and distributor Pedro Domecq Colombia. Frasecobaldi, headed by family patriarch Lamberto Frescobaldi and his brother Vittorio, holds over...