Whisky giants go to war with mystery 'brand scam tycoon'

Whisky giants go to war with mystery 'brand scam tycoon'

SCOTLAND's whisky industry has declared war on a mystery "tycoon" who claims to represent many of the biggest brands in world spirits.

Major concerns such as Diageo, Pernod Ricard and William Grants and Sons are moving to challenge scores of firms set up in London to mimic their names.

In what politicians say is another symptom of Britain's lax and widely abused company registration system, a single entrepreneur called Tofikuddin Ovaysi has formed nearly 100 UK shell businesses cloning brands such as Balvenie, Macallan, Glenfiddich, Smirnoff and Bacardi.

Read more on the Herald Scotland website by clicking here.

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