How do you get sucked into a bad investment? Ask 18 small investors who lost more than €1.4 million to WFS Forestry on a Christmas tree planting scheme. Was it the green stamp of “success with an environmental conscience” the company offered on its now defunct website, or the high returns promised for “affordable entry levels” of investment suitable for “both private and institutional investors”. Last July, Justice Michael Quinn in the High Court appointed a High Court inspector, Declan de Lacey, to investigate the affairs of the company on the basis of “prima facie evidence of wrongdoing, unlawfulness or…
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