A British man accused of allegedly defrauding investors of nearly $100m (£79m) through a Ponzi-like scheme involving non-existent luxury wines has pleaded not guilty in a US court.
Stephen Burton, 58, was extradited to New York from Morocco on Friday to face the charges after he was arrested in 2022 after entering that country using a fake Zimbabwean passport.
Federal prosecutors said Burton, along with a co-defendant, ran Bordeaux Cellars, a company they said brokered loans between investors and high-net-worth wine collectors.
Burton pleaded not guilty to the indictment which was filed in 2022 and is being held pending trial.
Burton and co-defendant James Wellesley allegedly solicited $99m from investors from June 2017 to February 2019, approaching them at places including conferences in the US and overseas.
The men told lenders that the loans would be backed by wine they stored for wealthy collectors and promised profits through interest payments.
However, these collectors “did not actually exist and Bordeaux Cellars did not maintain custody of the wine purportedly securing the loans,” the US Attorney’s Office for the Eastern District of New York said in a statement.
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Wellesley, also a British citizen, is currently awaiting extradition in the UK.
If convicted, the defendants could each face up to 20 years in prison for charges of wire fraud, wire fraud conspiracy and money laundering conspiracy.
“Many options” are on the table to deal with Venezuelan drug gangs, the White House has said, as the US considers attacking on land.
President Trump is meeting his national security team on Monday and could discuss what would be a major escalation in strikes that have so far only targeted boats.
Karoline Leavitt, the president’s press secretary, did not detail what the meeting would focus on. However, Mr Trump said last week that land strikes would start “very soon”.
“There’s many options at the president’s disposal that are on the table – and I’ll let him speak on those,” Ms Leavitt told reporters.
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Three killed as US strikes another alleged drug boat
American forces have carried out at least 21 strikes on boats it claims were carrying narcotics to its shores over the last few months.
The US has accused Venezuelan President Nicolas Maduro of being involved in the drugs trade – a claim he denies.
Venezuela has said the attacks, which have killed more than 80 people, amount to murder and that President Trump’s true motivation is to oust Mr Maduro and access its oil.
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President Maduro – widely considered a dictator by the West – said on Monday that Venezuelans are ready “to defend [the country] and lead it to the path of peace”.
“We have lived through 22 weeks of aggression that can only be described as psychological terrorism,” he said.
Concerns have been raised over the legality of the US attacks, which the Pentagon has sought to justify by designating the gangs as foreign terror organisations.
Image: Image of an alleged drug boat being targeted by the US military. Pic: Truth Social
Tensions remain high over America’s large deployment in the Caribbean Sea and eastern Pacific, which includes its flagship aircraft carrier and thousands of troops.
The US has released videos of boats being blown up but has not provided evidence – such as photos of drugs – to support the smuggling claims.
Image: President Maduro is widely considered a dictator by the West. Pic: Reuters
Controversy also surrounds the first incident, on 2 September, in which 11 people were killed – with a follow-up strike targeting the boat after the first attack left two survivors in the water.
US media reported defence secretary Pete Hegseth gave an order beforehand that everyone on board should be killed.
However, there are concerns about the legality of the second strike if the survivors posed no threat.
Mr Hegseth dismissed the reporting as “fake news” and insisted all actions in the region are compliant with US and international law.
“Every trafficker we kill is affiliated with a Designated Terrorist Organization,” he said on X.
President Trump said on Sunday he would not have wanted a second strike and that Mr Hegseth had denied giving such an order.
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Is US about to go to war with Venezuela?
Ms Leavitt confirmed on Monday that the boat had been hit by a second strike – but denied Mr Hegseth gave the order for the follow-up.
Instead, she said he had authorised US navy vice admiral Frank Bradley to attack and the admiral acted “well within his authority and the law, directing the engagement to ensure the boat was destroyed and the threat to the US was eliminated”.
As the US weighs its next steps, Mr Trump said on Sunday he had spoken to President Maduro by phone and that the conversation went neither “well or badly”.
In recent days, he also stated that Venezuela’sairspace should be considered closed – with the South American nation calling it a “colonial threat” and “illegal, and unjustified aggression”.
The White House has revealed details of Donald Trump’s recent medical evaluation involving a scan of his cardiovascular system and abdomen.
The US president, 79, underwent a magnetic resonance imaging (MRI) scan in October, which was confirmed in a memo from his doctor, Sean P Barbabella.
The White House physician wrote that the cardiovascular and abdominal imaging was “perfectly normal”.
“The purpose of this imaging is preventive: to identify issues early, confirm overall health, and ensure he maintains long-term vitality and function,” said Dr Barbabella.
He added that there was “no evidence of arterial narrowing impairing blood flow or abnormalities in the heart or major vessels”.
“The heart chambers are normal in size, the vessel walls appear smooth and health, and there are no signs of inflammation, or clotting.”
As for the abdominal imaging, he wrote that “all major organs appear very healthy and well-perfused”.
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“Everything evaluated is functioning within normal limits with no acute or chronic concerns.”
He said the imaging was done “because men in his age group benefit from a thorough evaluation of cardiovascular and abdominal health”.
While speaking to reporters on Sunday, the US president said he didn’t know what part of his body was examined but added: “It wasn’t the brain because I took a cognitive test and I aced it.”
Image: Donald Trump in July with a swollen ankle. File pic: AP
In 2022, Donald Trump described himself as “the healthiest president that’s ever lived” but in July was diagnosed with chronic venous insufficiency (CVI) after noticing “mild swelling” in his lower legs.
Dr Barbabella said CVI, which causes blood to pool in the veins, was a “benign and common condition, particularly in individuals over the age of 70”.
Concerns were also raised in July about photos which showed bruising on the back of Mr Trump’s hand that had been covered with make-up.
Image: Make-up covering bruising on Mr Trump’s hand. File pic: AP
White House press secretary Karoline Leavitt clarified this was “minor soft tissue irritation from frequent handshaking and the use of aspirin” to reduce the risk of heart attack and stroke.
Luigi Mangione has watched surveillance videos of the killing of UnitedHealthcare CEO Brian Thompson at a court appearance.
Mangione has pleaded not guilty to state and federal murder charges over the killing of Mr Thompson. The state charges carry the possibility of life in prison, while federal prosecutors are seeking the death penalty.
The 27-year-old’s lawyers are seeking to bar evidence, including a 9mm handgun and a notebook in which prosecutors say he described his intent to “wack” a health insurance executive, from his New York state trial.
Both were allegedly found in a backpack Mangione had with him when he was arrested.
Mr Thompson, 50, was shot dead on 4 December last year as he walked to a New York City hotel for his company’s annual investor conference, sparking a five-day manhunt.
Mangione was arrested after a McDonald’s employee in Pennsylvania alerted authorities to a customer who looked like the suspect in the killing.
Image: Luigi Mangione was shown a video of the killing of UnitedHealthcare CEO Brian Thompson. Pic: AP
Mangione, wearing a white shirt with a red checked pattern under a grey suit, watched without emotion as prosecutors played surveillance videos showing Mr Thompson’s killing on a Manhattan pavement, as well as his own arrest, at a court appearance in New York on Monday.
The videos, including footage from the McDonald’s restaurant in Pennsylvania where he was arrested, kicked off a hearing on Mangione’s fight to bar evidence from his trial, including the gun prosecutors say matches the one used in the early-hours attack.
After getting state terrorism charges thrown out in September, Mangione’s lawyers are focusing on what they argue was unconstitutional police conduct threatening his right to a fair trial.
They are seeking to block prosecutors from using evidence allegedly discovered in his backpack during his arrest, and statements he made to police, arguing that he was illegally searched and questioned.
Image: Luigi Mangione appears in court for an evidence hearing on 1 December 2025, in New York. Pic: AP
Eliminating the gun and notebook would be huge wins for Mangione’s defence, and a major setback for prosecutors, depriving them of a possible murder weapon and evidence they say points to motive.
Mangione also faces seven counts of criminal possession of a weapon, and one count of possessing a false identification.
He found that prosecutors had not presented enough evidence that Mangione intended to intimidate health insurance workers or influence government policy.
Trial dates have not been set in either the state or federal cases.
Mangione has been held in federal custody in Brooklyn since his arrest.