Tasmania Police has fielded several complaints of a fraudulent nature from investors in a whisky ‘barrel buy-back ’investment scheme previously operated by Nant Barrel Holdings Pty Ltd.

A preliminary assessment of material, which included the examination of associated documentation and ongoing discussions with Australian Whisky Holdings Ltd, the company currently operating the whisky distillery at Nant Estate, Bothwell has been undertaken by members attached to Fraud and e-Crime Investigation Services.

The preliminary assessment has resulted in a determination having been made that a criminal investigation into the allegations will be conducted.

As you would appreciate this investigation, by virtue of the number of potentially affected parties, will take some time to progress and we appreciate your patience in allowing our members to work through this process.

Detective Sgt James Ansell

Serious Organised Crime Unit