Receive Breaking News updates as they occur
JOHANNESBURG (AP) — President Barack Obama shook hands with Cuban President Raul Castro Tuesday at a memorial service for Nelson Mandela, a simple gesture that, while promptly downplayed by the White House, created a furor in Washington among critics of the Cuban regime.
Rudy Kurniawan may have been one of the world's top wine collectors and dealers but he fell heavily into debt as early as 2007, prosecutors told his fraud trial in New York on Tuesday. In 2007, the man nicknamed "Dr Conti" for his love of Romanee Conti, the fine wine, was considered one of the five top wine collectors in the world, but he owed creditors millions of dollars, prosecutors told the second day of his trial. That autumn he applied for a $3 million loan without saying he was already more than $10 million in debt, said first witness, Barbara Chu, a senior banker at Emigrant Bank Fine Art Finance. Kurniawan also said nothing about his illegal status.