GREEN OIL PLANTATIONS
Green Oil Plantations was a UK based investment set up to fund Australian Mellettia tree plantations, with the idea of harvesting oil from these trees to produce bio-fuel and other agricultural products for profit.
But if you’re a Green Oil Plantations investor, you probably know all that… instead, you’re probably asking “what the didgeridoo happened to my money?!”
Well, although £24million was invested in Green Oil Plantations, we know from the liquidator’s and administrators documents that £3.5m was paid in commissionto sales agents who introduced investors to the scheme – that works out at around 15% commission per sale – do you know how much YOUR introducer was paid?
The reports also say that…
“By the end of March 2013 the limited funds left in the companies were insufficient to fund the plantation
to the point of first harvest and to meet the contractual investor returns.
As a consequence, the directors concluded that the companies were insolvent.”