Background: Teak Plantation Investment Scandal
In March 2022, Green IS Group Limited and GIS Forestry Limited entered liquidation, owing at least £8.5 million to around 250 investors. These companies offered bonds linked to Brazilian teak plantations, marketed as sustainable investments with high returns of 8% to 11%, over terms of 2 to 10 years.
Investors were led to believe that their money was safe, tied to tangible assets (teak trees or saplings), and backed by formal safeguards. However, investigations revealed that:
- The companies did not hold valid ownership rights to the plantations
- No debenture was registered over Green IS Group’s assets
- GIS Forestry only registered security over its assets in late 2020, despite issuing bonds since 2014
- Promotional material misled investors about the safety of their capital
Director Disqualified for Misleading Practices
The Insolvency Service concluded that Guy Conroy, director of both companies, allowed misleading and irresponsible trading. As a result, he has been banned from acting as a director for 11 years, effective from 27 March 2025.
The Service described the companies’ conduct as “wholly unacceptable” and warned of the damage caused by falsely promoted investment schemes. The largest individual loss reported in the liquidation process was £636,000.
Your Rights as an Investor
If you were encouraged to invest in Green IS Group or GIS Forestry—especially by a financial adviser—you may be entitled to recover some or all of your losses.
We can help you:
- Trace who was responsible for recommending or promoting the investment
- Check eligibility for compensation via the Financial Services Compensation Scheme (FSCS)
- Explore other legal routes for recovering your investment
- Identify any related schemes you may also have been exposed to
We know how difficult it is to navigate these matters alone. That’s why we provide expert, confidential help at no cost for an initial assessment.
Book a Free 15-Minute Consultation
Let us investigate your claim and give you clear guidance on next steps.
