A company called Koenig Rowe Campbell Alliance is cold calling people in several countries, claiming to be a wealth advisory firm established in 1978. KRC Alliance takes clients’ money and claims to invest it. The investment will need to be increased, for whatever made up reason, to reach a certain number of shares. Then, in order to receive a payout, clients have to pay a security bond. Then another. Then another.
In February 2013, Siri Gedde-Dahl, a journalist with Norway’s Aftenposten newspaper, investigated corruption in a REDD project in Tanzania funded by Norway. In a recent Aftenposten article, Gedde-Dahl reports that Wildlife Conservation Society of Tanzania, the Tanzanian NGO that was running the project, has collapsed.