Do you have a 50 year old vintage waiting to be discovered by a worthy collector? Post your details here and find out!
Forum rules
Please note items can not be offered for sale on this forum.
Double Gold Member
Posts: 1254
Joined: Fri Mar 16, 2001 2:01 am


Postby Iain » Wed Apr 28, 2004 1:57 pm

"Whisky scam broker found guilty" in Financial Times, 24 April, reports the conviction of Stephen Jupe on three counts of fraudulent trading and one of illegally using a company name.

Report states his business "took more than UK£4m from about 2,000 investors who believed they were buying quality malt whisky and prestigious champagne..." The business traded as Marshall Wineries and sold Grandtully sms. According to the FT, "a Grandtully hogshead bought for more than UK£900 in 1993 was actually worth half that."

Which surely is further evidence that the value of whisky as an "investment" can go down, as well as up

(whatever the marketing men might say :roll: )

Return to “Collector's Corner”

Who is online

Users browsing this forum: No registered users and 2 guests