Three directors imprisoned for £70m pension investment fraud in Costa Rica scheme
Ethical Forestry Limited · Investment / Agricultural Services
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Ownership / related-party links
False company names and undisclosed ownership structure concealing fraud operation
Can mislead when: Nominee directors and offshore layers hide links. Name matching throws up false positives, so every flag shows its evidence path.
End-use tracing of funds
Funds diverted to personal property purchases rather than tree-planting maintenance
Can mislead when: Kubr sees only the company's own accounts. Once money reaches a third party's bank, Kubr can flag the payee but cannot see the next hop without that party's consent.
Where Kubr services would have helped
Borrower monitor
Offered in India- C3 False company names and undisclosed ownership structure concealing fraud operation
- C6 Funds diverted to personal property purchases rather than tree-planting maintenance
Proceeds tracer
Offered in India- C3 False company names and undisclosed ownership structure concealing fraud operation
- C6 Funds diverted to personal property purchases rather than tree-planting maintenance
Verified Snapshot
Offered in India- C3 False company names and undisclosed ownership structure concealing fraud operation
Financial diligence
Offered in India- C3 False company names and undisclosed ownership structure concealing fraud operation
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.