A 58-year-old British man has been extradited to the United States to face federal charges related to an alleged $99 million wine fraud scheme. The accused is charged with swindling investors by brokering loans backed by a nonexistent collection of rare wines, a case described as a Ponzi-like fraud. The extradition was confirmed by U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations in New York. The man appeared in court following his transfer to the U.S., where he will face trial on charges including fraud and money laundering connected to the wine business.