Cask Spirits Global Limited shut down over whisky investment scam

Cask Spirits Global Limited has been wound up by the High Court in London following an investigation by the Insolvency Service into fraudulent whisky cask investment schemes.

Investigators identified 17 customers who paid a total of £97,249, yet only four possessed valid ownership documentation. The company utilized high-pressure sales tactics, promising substantial returns and tax advantages. Many customers received certificates for casks that did not exist, or for casks registered in the company’s name rather than their own. Some documents contained false information regarding storage locations; in one instance, a customer was told a cask was in a Scottish bonded warehouse that denied any connection to the firm.

The company also operated under the name ‘Cask Spirits Ltd’ on its website, a name that does not exist on Companies House. Additionally, the firm provided false London addresses and operated multiple undisclosed bank accounts. While the company claimed to have ceased trading in March 2025, investigators found it attempted to open a new account with a bonded warehouse the following month. The Official Receiver has been appointed as the liquidator.