LoginWhisky investment ads misled
People are being urged to avoid being misled by 'whisky investment' schemes
Posted 01 December 2023 | JoTS Online
Content Tags: Updates|Food and Drink|National
UPDATES: Authorities are warning consumers about misleading whisky investment promotions after the Advertising Standards Authority ruled that social media adverts overstated likely returns, downplayed risks and failed to explain charges attached to unregulated cask investments.
Misleading social media adverts for whisky investments have caught the attention of City of London Police and City of London Corporation Trading Standards, who are urging the public to beware of being duped.
The adverts encourage people to invest in casks of whisky on the premise that the value will increase over time. Adverts for Blackford Casks Ltd, trading as Whisky Investment Partners...
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