Author: Antonia Saratsopoulou

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

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The U.K. Carrier Strike Group and the Indian Navy Vikrant Carrier Strike Group are conducting a joint exercise for the first time, operating together in the Western Indian Ocean. The U.K. CSG, headed by Royal Navy (RN) aircraft carrier HMS Prince of Wales (R09), began bilateral Exercise Konkan 25 on Sunday with the Vikrant CSG in the Bay of Bengal, according to a U.K. High Commission news release. While the exercise has been held on a biennial basis since 2004, this year’s operations mark the first time in history that a British and Indian CSG will conduct a maritime exerciseRead…

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