A number of alleged investors in the scheme have claimed that WFS Forestry Ireland Ltd, with registered offices in Pembroke Street, Dublin 2, has failed to deliver the high returns they were promised. The company and its director Craig Hands deny the allegations.

The group of investors, represented by ourselves at Peter Boyle & Co Solicitors, are asking the court to appoint inspector Declan de Lacy of accountancy firm PKF O’Connor, Leddy & Holmes. We also want an order directing the inspector, if appointed, to report on whether the affairs of the company have been conducted with an intent to defraud creditors, for a fraudulent or unlawful purpose, or in a manner that unfairly prejudices some or all of its creditors.

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