Fraudsters connected to an alleged £70 million “eco-Ponzi” scheme face potential jail time after investors were allegedly misled into funding a Bournemouth-based company, Ethical Forestry Limited (EFL). The scheme reportedly involved more than 3,000 investors who put savings into EFL between January 2008 and December 2015.
According to the available reporting, the funds were allegedly used for high-value assets, including supercars and property. The outlet also characterizes the case as an “eco-Ponzi” because of how money from investors was reportedly solicited and then applied. While the provided sources do not include detailed court dates, charges, or the full set of investigative findings, they agree on the scale of investment, the company and location, and the long period over which money was collected.
Across the provided text, the emphasis is on the alleged scale and the consequences for investors, rather than on differing interpretations of key legal or evidentiary points.
