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UK Man Indicted for $99M Wine Scheme that Left Investors High and Dry
A UK man has been indicted on charges of running a $99 million money laundering scheme through a fake wine company, leaving investors stranded.
A UK man, James Wellesley, 56, has been indicted in Brooklyn federal court for allegedly running a $99 million money laundering scheme through a faux wine company that left investors high and dry. The scheme involved using fake documents to transfer funds, Wellesley was arraigned on charges of conspiracy to commit money laundering. If convicted, he faces up to 20 years in prison.
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