NEW YORK (Reuters) -A British man pleaded guilty on Tuesday in New York to involvement in a nearly $100 million fraud whose victims invested in loans meant for fictitious wealthy wine collectors whose wine also did not exist. James Wellesley, 59, pleaded guilty to wire fraud conspiracy before U.S. District Judge Pamela Chen in Brooklyn, court records show. Wellesley, also known as Andrew Fuller, had pleaded not guilty to three charges including conspiracy in July.Read More
UK man pleads guilty in New York to $99 million wine fraud
