British man accused of swindling nearly $100 million in wine fraud case pleads not guilty

Stephen Burton, a British man, pleaded not guilty to allegedly defrauding investors of nearly $100 million through a Ponzi-like scheme involving nonexistent luxury wines. Burton, along with co-defendant James Wellesley, ran Bordeaux Cellars, a company that brokered loans between investors and high-net-worth wine collectors. They...