Thread: Is Greenwood Management Aps legit or scam?

This Danish company is being heavily promoted in some hyip forums like MTV and others and I'm receiving many phone calls from Greenwood Management regarding investmens opportunities in Brazilian forestry. I know its a red flag when you see it promoted in hyip forums and when they use to call many times to invite you to invest with them. It seems that are targing EU investors to invest in Noth and South american forestry projects but the detail given are not so clear about who manage the funds and about their local representatives & partneships.

What their investment projects offer is about a ROI of 8%- 14% per year with a minimum of 10,000 EUR for about a period of 6-8 years investment:

GWMinv001.JPG

My eyes are a little weary, so if I missed a connection please forgive me. I do find it odd in looking at the contacts list from the web page that none seems to match up with the registration of the site. Just seems to me that it would make sense to have a home base.

But on the investment front heck no. Anything marketed by salespeople in a boiler room never ends well for the investor. If one were to diversify in to timber they could buy land themselves, buy any number of publicly traded companies or funds, or even pay for a distant futures contract or option (not taking about margin, just cash).

Even if this is "real" the non publicly traded stuff is usually filled with fees and is hard to value and get out of if you want to sell. This is all general stuff, not necessarily specific to Greenwood.
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Originally Posted by Fgold

This Danish company is being heavily promoted in some hyip forums like MTV and others.

Not a very good omen but some Spanish speaking members of RS like LORM or "oldcoot" might help you do some more digging about forestry projects in Brazil FGold. My step son has a forestry degree so I may be able to provide some scientific imput of that subject.

Most Danish people speak English so information about their activities should be much easier to locate.

As usual question is: if they offer ROI than they must be registered to sell securities. And this registration is different from just registering company which everybody can do. Are they listed on any stock exchange? Who is in charge? Yes, there are representatives listed but that are sales agents. And if they are a private company, I do not think they are allowed to offer certain ROI anywhere in the developed world.

Didn't we discussed another "company" that does the same thing like opening a bread making factories in Ukraine with ROI much higher though. This one looks more like traditional boiler room.

They are also inflating their rankings recently. Look for "BackLink Discovery" on the bottom of the page below.
Greenwood-management.com at DigSitesValue. Forestry Investment | Greenwood Management | Alternative Investment.

This discussion on the link below confirms that this is known boiler room scam.

http://whocallsme.com/Phone-Number.aspx/34971577980
http://www.askaboutmoney.com/showthread.php?t=78968

Also, name of the owner popped up.
Mr. Benjamin Taylor

Originally Posted by fromthehood

This discussion on the link below confirms that this is known boiler room scam.

http://whocallsme.com/Phone-Number.aspx/34971577980
Greenwood Investments - Askaboutmoney.com

Also, name of the owner popped up.
Mr. Benjamin Taylor

Hi guys, I work at Greenwood any questions you would like to ask I will be happy to answer.

Hi guys, I work for Greenwood if there is anything you want to ask me I will be happy to answer. In regards to these various HYIP websites these constantly come up however we have no affiliation with these sites ourselves.

Talk to us about the forestry companies who Greenwood are involved with, and who provide these returns.

Originally Posted by Greenwood Management

Hi guys, I work for Greenwood if there is anything you want to ask me I will be happy to answer. In regards to these various HYIP websites these constantly come up however we have no affiliation with these sites ourselves.

Finra broker check is currently down, but perhaps you could provide us with licensing information in the US as well as links to you investments being registered with the SEC. Those are two pretty basic requirements if you are soliciting funds from people in the states.

Greenwood Management have their own forestry company Greenwood Agropecuaria in Brazil we employ about 100 personnel in the region of Bahia and have approximately 5,000 hectares under management some of our operations you can view at the Flickr link I have included here Flickr: Greenwood Management
Regarding our personnel we have third party consultants working with us that have links with most of the largest wood consumers in the region and we also have a mutual partnership with the forestry department of a prominent university who conduct out forestry audits.

We do not do business in the US and of course in the US it is not just about one country regulation as each state has individual requirements this is the reason we do not conduct business in the country.

The company has its own forestry business "Greenwood Agropecuria ltda" we employ approximately 100 people in the state of Bahia. Some of our operations can be viewed at the Flickr link I have included below. Flickr: Greenwood Management

In addition to my previous post most of the company information can be located here Greenwood Corporate Information - Updated for 2011

Originally Posted by path2prosperity

My step son has a forestry degree so I may be able to provide some scientific imput of that. My step son has a forestry degree so I may be able to provide some scientific imput of that subject.

Regarding this post it may be helpful to assist by including some scientific data in specific relation to the companies projects in Brazil. We have qualified third parties who conduct growth projections for our projects such as the one shown in the link I have included http://www.gwm-tv.com/downloads/Barreiras_v4.pdf . These are site specific studies whilst follow up reports are issued to our clients by a noticeable european university who we work alongside. Currently our growth projections have been confirmed as overachieving our projections and I will try to post more supporting evidence when I am in the office. If your step son is interested then I am happy to talk with him or provide other information which should help this discussion.

Originally Posted by Greenwood Management

We do not do business in the US and of course in the US it is not just about one country regulation as each state has individual requirements this is the reason we do not conduct business in the country.

I suggest blocking access to your site, and/or a big splash screen warning US investors that you are not licensed to do business in the US. I poked around on your site the other day and nothing jumped out. Although I may have missed it. If it is in the High Yield forums my guess is US people have money invested, and/or are promoting investments to others (IN FAIRNESS I HAVE NOT LOOKED) If you have anything to add on that front it would be helpful. For instance Uinvest is not licensed to do business in the US, but still does.

I find this a highly unusual way to market investments to the general public. Perhaps again because I am in the US, but here almost everything is solicited through brokerage houses. This gives the investor an added layer of comfort that at least the broker has done some due diligence and there are some protections from outright fraud by the broker. That is not to say that just because products are sold by a broker they are a great deal for the investor. Many of the non publicly traded funds, usually marketed as Limited Partnerships are a terrible deal for the investor. Most are saddled with high fees, commissions, are hard to value and very illiquid.

Finally, anything marketed exclusively through a boiler room or telephone sales force needs to be looked at very cautiously. If for no other reason than that means that no broker wants put their name on the product. I certainly welcome the discussion and will look forward to any responses or comments you may have.

Originally Posted by fromthehood

This discussion on the link below confirms that this is known boiler room scam.

http://whocallsme.com/Phone-Number.aspx/34971577980
Greenwood Investments - Askaboutmoney.com

Also, name of the owner popped up.
Mr. Benjamin Taylor

Unfortunately you are correct this post does state all sort of "facts". Whilst I don't want to dwell on the subject I think that it is fair to state that in today's society "freedom of speech" and annominity does provide disgruntled ex-employees and less than professional competitors an opportunity to label companies and individuals on SOME discussion boards with little or no proof for their own aims. Unfortunately not only does this damage the reliability of these types of sites but it also pushes a decision to be made in regards to what is defamation and what is freedom of speech which is ultimately not in the interest of genuine posters on these online communities or the companies that are on the receiving end of an attack. I would also say that the owner of this particular site "julia forte" also has a number of claims regarding her websites whocallsme.com and 800notes such as the link below whilst there is no evidence that her websites are conducting any sort if "scam" it does go to show that no one is immune to being labelled by anonymous individuals.

is800notesascam: Julia Forte - www.800notes.com - Extortion of Money

Originally Posted by Greenwood Management

The company has its own forestry business "Greenwood Agropecuria ltda" we employ approximately 100 people in the state of Bahia. Some of our operations can be viewed at the Flickr link I have included below. Flickr: Greenwood Management

I was unable to see your VAT registration number on the flickr link. Please explain why you should wish to supply details to an online community without informing them of your VAT registration number.

Originally Posted by Greenwood Management

In addition to my previous post most of the company information can be located here Greenwood Corporate Information - Updated for 2011

I find it very troubling that corporation does not list CEO, CFO or any other top management people. Advisory board can only advice. I do not see anybody responsible for the company management.

Originally Posted by Greenwood Management

Unfortunately you are correct this post does state all sort of "facts". Whilst I don't want to dwell on the subject I think that it is fair to state that in today's society "freedom of speech" and annominity does provide disgruntled ex-employees and less than professional competitors an opportunity to label companies and individuals on SOME discussion boards with little or no proof for their own aims.

Greenwood, I don't speak for anyone other than myself, but I have listed what I feel are some very reasonable due diligence concerns I believe any investor should consider before parting with their hard earned money. It would be nice if you could address those, frankly when I see comments about disgruntled employees and less than professional competitors it seems more of a red herring than a valid comment. It may happen, but the alternative is for us not to have any public forum where people can come and gather information, in that case the people who are offering questionable deals have free reign.

Originally Posted by Greenwood Management

In addition to my previous post most of the company information can be located here Greenwood Corporate Information - Updated for 2011

Still no mention of a VAT registration number.

Originally Posted by fromthehood

They are also inflating their rankings recently. Look for "BackLink Discovery" on the bottom of the page below.
Greenwood-management.com at DigSitesValue. Forestry Investment | Greenwood Management | Alternative Investment.

In regards to this point I believe the "back links" will be our landing pages which are connected to our website and CRM system. These links are enquiry forms for site visitors to fill out from our advertising you can search back links from say other sites by searching Alexa (traffic stats) and putting in the main company website this is more revealing I have included a link to the information that you can search here Greenwood-management.com Site Info
We do not use any type of "link exchange"

Originally Posted by Greenwood Management

Regarding this post it may be helpful to assist by including some scientific data in specific relation to the companies projects in Brazil. We have qualified third parties who conduct growth projections for our projects such as the one shown in the link I have included http://www.gwm-tv.com/downloads/Barreiras_v4.pdf . These are site specific studies whilst follow up reports are issued to our clients by a noticeable european university who we work alongside. Currently our growth projections have been confirmed as overachieving our projections and I will try to post more supporting evidence when I am in the office. If your step son is interested then I am happy to talk with him or provide other information which should help this discussion.

Which university? Department name? Their contacts?

In regards to this our agents are licensed accordingly in the various jurisdictions they operate in. Regarding these HYIP boards the company has no association with these types of avenues. I do know that it is of course a constant up hill battle for our legal department who regularly have to notify organizations not to advertise products that we are not supplying the company has also had to get copies of our websites taken down???

Originally Posted by fromthehood

Which university? Department name? Their contacts?

All the information can be found on our projects website here Greenwood Management - Forestry Investment | Invest in Timber | Invest in Trees

Originally Posted by path2prosperity

I was unable to see your VAT registration number on the flickr link. Please explain why you should wish to supply details to an online community without informing them of your VAT registration number.

The company is a Danish ApS and the VAT number is the CVR number (31 62 93 73) which is included on the corporate information and the company websites. Our Brazilian CNPJ number can also be found on the previous information I supplied at the link here Greenwood Corporate Information - Updated for 2011