FOUR arrests have made in connection with county grain merchants Alexander Inglis and Son (AIS), which went into administration in 2021.
Police Scotland said in a statement: “Three men aged 75, 48 and 49 years, and a 76-year-old woman, have been arrested in connection with an alleged fraud following a police enquiry relating to a business registered in the Ormiston area of East Lothian. A report will be submitted to the Procurator Fiscal.”
The agri-business collapsed two years ago leaving a reported 166 unsecured creditors UK-wide who were owed more than £6m by the group.
Some estimates put the deficit at closer to £50m due to the amount of grain held in storage by AIS and that held on farm by cereal producers.
AIS held large quantities of grain at the time of administration, including that of customers who had bought in advance but left it in storage, third parties storing at the premises and suppliers claiming retained title for unpaid stock.
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