Dram scam

Hundreds conned out of life savings by investing in casks of whisky that don't even exist

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HUNDREDS of people have been conned out of their life savings after being scammed into buying non-existent barrels of whisky.

People were duped into forking out millions to buy casks that were overpriced or nonexistent by an online company called Cask Whisky Ltd, run by a man calling himself Craig Arch.

Alison Cocks, from Montrose, invested £103,000 in casks and received regular updates.

She was promised a 12 per cent return forecast to rise to as much as 50 per cent and invested in another three casks for a total £100,000. But she realised something was wrong when she wanted to sell her casks and the firm stopped all communications.