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CB Cryptocurrency Review of Greenwood Management (GWD)
Greenwood Management (GWD)

Greenwood Management (GWD) review: green investments in trees (acacia) cultivations 102

C
Author of the review
12:27 pm EDT
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In 2012 I was contacted by a Senior Account Manager of Greenwood Management. They were offering me a 6 years long investment in trees cultivations (Acacia plantations in Brasil). They were promising me a first return after 3 years (plantation thinning) and the final return after harvesting in 2018.
The total investment was 10.244 € + 960€ for annual fees (plantation maintenance)
I had no money return till now, and last week the Account Manager left the company, so I have no contact to speak with.
The company is based in Spain: recently they moved to a new office

The new address is:

Passatge Galleries Jaime Tercero, No.2,
1st Floor, Letter A,
Palma, Mallorca,
Balearic Islands,
07003

102 comments
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Patrick Dowling
US
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Dec 31, 2019 12:13 pm EST

I am also an investor in Greenwood Forestry.Have received some payments over the years approx 7k euros in total from an 14k euros investment but haven't received anything for the past number of years.Have also received contact from a Mr.Mark Evans( Regulator) & Mr.William Miller( Director)plus a Mr.Hector Moreno(Supervisor)offering to purchase my so called shares even offering amounts up to 116K euros.

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Stefano Fedeli
US
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Jan 10, 2020 5:32 am EST

I'm also a silly investor, now I subscribed to the FB group. 2 lots: one Acacia and one Eucalyptus. Do you know guys if there is any real cative legal action ? We are many people...

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MissRR
US
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Mar 03, 2020 3:39 am EST

Hello all, I am glad that I am not the only one duped, although I feel sympathy for you all. I have requested to join the Facebook group. Does anyone know whether a class action lawsuit is in process?

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Troels
ES
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May 14, 2020 4:39 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

Are there anybody that actually has experience with Carlton Huxley law firm. They claim they work on behalf of about 40 investors.

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Bashar KH
TR
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Jun 15, 2020 11:52 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

Hi There,

I am also so called an "Investor" with GWD foresty in Brazil... is there any liquidation or a law suit in process.

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Dima Leifman
US
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Jan 29, 2022 3:40 am EST

Hi Everyone ... I am an Israeli clientet who was also cheated by GWD ... recently I received an offer (similar to what we received ib 2018)

Acquisition Adviser
Global Merger Arbitrage Partners L.P.
https://www.globalmergerap.com
Phone: +[protected] Ext. 2016

Offering to buy my shares ... I guess it is a scam isn't it? on the other hand, the money from GWD is gone? what do you recommend doing?

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Gerard Maguire
US
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Mar 03, 2022 6:31 am EST

I too was contact by Global Merger - not looking for pre-payment or any advance details so they could sell.