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Nant whisky founder Keith Batt to enter months-long fraud trial
Key takeaways
- Investors purchased tens of thousands of dollars in barrels from Nant, who promised to buy them back once they matured.
- The trial for the founder of a Tasmanian distillery, alleged to have been behind an investor fraud scheme, is estimated to take up to six months, a Hobart court has heard.
- The prosecution says material in the case is extensive, filling 55 lever-arch folders.
Why this matters: an international story with cross-border implications worth tracking.
Investors purchased tens of thousands of dollars in barrels from Nant, who promised to buy them back once they matured. (ABC RN: David Lewis)
The trial for the founder of a Tasmanian distillery, alleged to have been behind an investor fraud scheme, is estimated to take up to six months, a Hobart court has heard.
The prosecution says material in the case is extensive, filling 55 lever-arch folders.
Article preview — originally published by ABC Australia. Full story at the source.
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