Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Tasmanian distillery founder Keith Batt pleads not guilty to defrauding investors of over $500K via fake whisky barrels.

flag Keith Batt, 63, founder of Tasmania’s Nant Distillery, has pleaded not guilty to 622 fraud charges and 48 counts of dishonestly obtaining a financial advantage over a scheme from 2007 to 2016. flag Prosecutors allege he defrauded investors of over $500,000 by selling whisky barrels—priced up to $7,500—promising future profits, though many barrels were empty, never existed, or were tampered with. flag Some barrels were reportedly emptied and sold without investor knowledge, and false certification seals were applied. flag The company collapsed in 2017, leaving investors, including those using superannuation funds, with major losses. flag A trial is set for March 24, 2026, in Hobart’s Supreme Court.

3 Articles

Further Reading