Cask Spirits Global Limited, a whisky investment firm, has been liquidated after customers paid £97,249 for casks they never legally owned. The Insolvency Service identified 17 customers, but only four had valid ownership documentation. The company used high-pressure sales tactics and issued certificates for non-existent casks or warehouses. It operated under a non-existent company name and provided false storage details. Liquidators found no verified office locations and undisclosed bank accounts. The firm ceased contact in March 2025 but attempted to open a new account months later. Mark George of the Insolvency Service warned of ongoing risks posed by untrustworthy companies. The Official Receiver has been appointed liquidator. The company, incorporated in June 2024, failed to file statutory accounts and lacked reliable customer contact methods.
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