Forum Home » Savings & Investments

GWD Forestry Investment - Page 3

New Post Advanced Search

Coronavirus: The latest from MSE


The MSE team is working extremely hard to keep the info we have about your travel rights, cancellation rights, sick pay (and more) up to date.
The official MSE guides: UPDATED MSE Coronavirus Guides

NEWSFLASH


New, free ‘Academoney’ course from MSE and the Open University launches
All the key areas of personal finance are covered, so that you can master your money decisions


GWD Forestry Investment

edited 30 November -1 at 1:00AM in Savings & Investments
176 replies 39K views
1356718

Replies

  • eskbankereskbanker Forumite
    13.8K posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ✭✭✭✭✭
    Sad to say, that have more than double that amount invested.... :(
    Never mind, just think of all those millions of dollars that'll be coming your way from that distant deceased relative in Nigeria once you pay the 'release fee'.... ;)
  • eskbanker wrote: »
    Never mind, just think of all those millions of dollars that'll be coming your way from that distant deceased relative in Nigeria once you pay the 'release fee'.... ;)

    Sign me up..... :) might have a better chance than with my current investment :)
  • GadfiumGadfium Forumite
    681 posts
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    ✭✭
    All this thread needs is a new poster telling everyone how many £thousands they have made in this scam investment and just how damn great it is.....
    :wink:
  • Red_Dog1Red_Dog1 Forumite
    4 posts
    Joe,
    When you say "Whats the difference between a "pure" scam and utter incompetence due to a flawed business plan that results in the loss of your money?"I can't agree with you more. Excuses do not matter.
    Regards
  • jimjamesjimjames Forumite
    13.6K posts
    Part of the Furniture 10,000 Posts Rampant Recycler
    ✭✭✭✭✭
    Sign me up..... :) might have a better chance than with my current investment :)

    This is a UK forum, why are people investing tens of thousands of Euros?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • jimjamesjimjames Forumite
    13.6K posts
    Part of the Furniture 10,000 Posts Rampant Recycler
    ✭✭✭✭✭
    Hi JimJames,
    The thing is that I have received some payments, but just not in line with expectations. As with any investments, there are no guarantees, but I don't believe this is a scam. However, in saying all that, if GWD is having challenges in making payments in schedule it does open up a lot of questions :(

    With many scams the income is paid out to you from your capital or from new investors coming on board. When either dries up then you stop receiving money which appears to be the case here.

    Mainstream investments may not have a guaranteed value but they are at least protected from fraud and your money being stolen/misappropriated. With an unregulated investment like this you can lose the lot.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • MalthusianMalthusian Forumite
    8.1K posts
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    ✭✭✭✭
    Well I have already been contacted by such a company making claims that GWD were purchased by another company and that I was due a payment as a result of the sale. How they got my contact details I do not know

    I think you do.
  • jammyjoejammyjoe Forumite
    6 posts
    AnotherJoe/Red Dog 1,

    As you've stated it doesn't matter what type of company it is, if there's no money forthcoming to their clients then you really can't call it a company. If they are not following contractual obligations then what's one to do (frustrated other Joe)
  • HKCANHKCAN Forumite
    1 posts
    I am also a client of GWD. My experience with them is very similar. Although i havent had any payments due yet, im invested in the eucalyptus project in brazil. The harvest is "supposed" to be this fall. Now that i see other investors' experiences.....im really scared i wont ever see that money again! Has anyone out there actually ever received full payments from GWD???
  • jammyjoejammyjoe Forumite
    6 posts
    Hi HKCAN,

    I do believe ForestryInvestor has received some returns but as jimjames has stated above, does it make any difference whether you get paid or not, their business model is suspicious at best/worst. I'd like to come back here in 6 months and say the opposite but very much doubt it
Sign In or Register to comment.

Quick links

Essential Money | Who & Where are you? | Work & Benefits | Household and travel | Shopping & Freebies | About MSE | The MoneySavers Arms | Covid-19 & Coronavirus Support