Uncle Nearest’s Receiver Turns Fraud Narrative Back On Lender, Alleges Farm Credit Mid-America Ignored ‘Red Flags’ & Benefitted Financially

A new counterclaim filed by the receiver overseeing Uncle Nearest Premium Whiskey case alleges lender Farm Credit Mid-America ignored years of red flags while a rogue CFO falsified financial reports, misappropriated funds for personal purchases and increased the whiskey brand’s credit line from $35 million to $67 million.