Own Australian wine? What to look out for….

Own Australian wine? What to look out for….

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We have recently learned that there are several companies contacting clients who previously purchased Australian wines through APW. We have been informed that some Australian wine owners have been encouraged to hand over money to companies. Be careful, as we are aware that these companies are likely to be illegitimate.

What to watch out for

The company will claim that they are able to sell your wine portfolio. Generally, fees are paid upfront in the form of a “deposit” with the promise of this being refunded once the portfolio is sold.

An Australian wine owner recently contacted us concerned that he had transferred money to a company using these techniques, which shortly vanished.

There seems to be several companies contacting Australian wine owners. After investigating the matter we have concluded that these companies are likely to be related in some way, most likely operating out of the same premises.

We are aware that the fraudsters are attempting to impersonate the companies listed below, who have legitimate businesses, and genuine websites. Contact details can be provided if you have concerns.

Other tricks include claims of in partnership of companies including the Liquidator who dealt with the Australian wine case or UK Agora.

We wish to make clear that we do not work alongside any external company, and only sell wines through our trusted merchants or private collector channels.

Be careful when exchanging cash upfront for services or when transferring wines in-bond. We have also informed the London City Bond of these telephone calls.

Did you know UK Agora sold over 10,000 bottles of Australian wine last year? Contact us on 0203 595 3910 or by email; info@ukagora.com to discuss how we can help you.

HAMILTON JONES CONSULTANCY

CAPITAL WINES

PREMIER ASSET MANAGEMENT

LONDON COMMODITY ARBITRATION SERVICES LTD

SAVOY ASSET MANAGEMENT

We will update keep investors up-to-date with this matter.

Last updated 19:16pm 25/01/17

UK Agora
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