Whisky Investment Scammer
Premier Whisky Limited Investment Scam
It was a strange admission. The boss of a collapsed art investment company confessing that he had no training in the art market.
But what Harry Downer had been trained in was how to cold-call members of the public.
He admitted he’d learnt his trade while at investment firm European Fine Wines Limited. Which isn’t something to brag about, because it was liquidated last year owing £2.8million.
Two of its former directors, Scott Assemakis and David Evans, have 11- year bans from running companies.
Downer himself went on to run Elliott House Collections Limited, which has also gone into liquidation after its bank accounts were frozen.
Among the creditors is a retired seaman living in Somerset who invested £8,600 in two instalments.
“It all began with a cold call,” said the ex-sailor, who has asked us not to identify him.”