Global Forestry Claims
A lot of mis-sold pension schemes use the environment as well as high returns in their sales pitches. In other words, they claim the scheme you are investing in is good for the environment and will make you money. Global Forestry made promises along these lines.
Not only did investors not get the returns they expected from Global Forestry, they also lost their money.
Many of those investors were also mis-sold the pension. If this applies to you, you might be able to make a claim to get your money back.
Helping You Claim for Global Forestry Pension Losses
When you speak to one of our advisors, we will assess your situation and explain what we can do to help you claim back the money you lost on a Global Forestry SIPP. The process starts by completing the form on this page – do that now and a member of our team will get back to you.
What Went Wrong with Global Forestry
Global Forestry was an investment in a teak plantation in Brazil. The plantation was called Belem Sky. Investors had to invest a minimum of £5,000 into the scheme and were promised returns of up to 20 percent a year. This included a fixed return of 10 percent a year.
In total, investors put in as much as £20 million to the Global Forestry scheme.
Some people did say they received some levels of return initially, but the money quickly stopped. Soon after, the company went into liquidation.
The Serious Fraud Office then opened a criminal investigation into Global Forestry in 2015.
In other words, a lot of things went wrong. One of the main problems in relation to many of the investments is they were mis-sold, i.e. you probably shouldn’t have been offered the investment in the first place. After all, Global Forestry was a high-risk, unregulated investment.
If you think you may have been mis-sold a Global Forestry investment, please call us today on 0808 252 3696.
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Pensions Customer Stories
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I thought my pension was lost until I contacted Goodwin Barrett, they helped me every step of the way to retrieve my pension