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Euronews
Euronews
Una Hajdari

UK fraudster to plead guilty in NY court for massive fine-wine scam

United Kingdom United States Stephen Burton Brooklyn

James Wellesley, accused of swindling investors out of nearly $100 million (€85mn) in a fine-wine Ponzi scheme, is expected to enter a guilty plea in Brooklyn federal court on 7 October, according to records from the Eastern District of New York.

This comes after he initially entered a not guilty plea in July.

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