Global Forestry Investments Belem Sky Plantation
Sadly, this was yet another elaborate fraud. The Global Forestry Investments Belem Sky Plantations was all about growing teak in the Amazonian rainforests. Plots were offered for the princely sum of £5,000 each, with returns of 10% per annum promised. The two men who engineered the scam, Omari Bowers and Andrew Skene, boasted that teak was a better investment than gold, property and shares. Sadly, and not surprisingly, this was far short of the truth with an estimated loss to investors of over £20 million and an investigation by the Serious Fraud Office.