NEW YORK (WPIX) — A man from the United Kingdom has been forced back to New York to face charges of fraud and money laundering through a wine business, according to ICE Homeland Security Investigations in New York.

The 56-year-old British national James Wellesley is accused of using his business with Bordeaux Cellars to collect loan payments from investors for non-existent products and customers, authorities with Homeland Security Investigations say. Instead, ICE alleges that he pocketed $99 million worth of funds.

"The defendants claimed Bordeaux Cellars boasted a high-value wine stockpile and a clientele of ‘high-net-worth wine collectors’ – and in turn profited handsomely – all while they swindled investors out of hundreds of thousands of dollars, if not more,” said HSI New York Speci

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