UK SFO convicts 3 former Ethical Forestry directors for a £70M investment fraud that funneled 3,000 UK investors’ money into luxury assets instead of the promised tree-planting scheme

The SFO secured guilty pleas from three former directors of Ethical Forestry Limited at Southwark Crown Court for their roles in a £70 million investment fraud that preyed on roughly 3,000 UK investors. The scheme involved misleading savers into diverting pension funds into a so-called tree-planting investment that could not deliver the promised returns, with proceeds used to finance lavish lifestyles rather than generate investor profit…