Is taking dollars out of the mattress to invest in bamboo and produce activated carbon? The unique project promoted by the former

For the modest sum of 500 dollars, any neighbor's child can invest in 100 bamboo canes or 250 kilos of activated carbon and obtain a fixed annual return of 16%. As presented, it seems like a "speech" from one of the many "crypto influencers" on social media. But in reality, this is a scheme that was inaugurated by Grupo Mepar, a group of investors that includes the enthusiast Miguel Campos, former Secretary of Agriculture under Roberto Lavagna, during the first term of the government of Néstor Kirchner. The foundation of the project is productive: a 100-hectare bamboo plantation in Misiones, with varieties brought from India, and a processing plant for making activated carbon about to be put into operation. The resource they offer is financial: a kind of negotiable obligations anchored in that real production with a one-year term, which will allow this group of investors to capitalize in a short time. When he has to explain what his project is about, the former government official ...