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Made in Germany

Prokon – A Billion Euros Gone with the Wind?

It seemed like the perfect investment: a return of up to eight percent from an environmentally-friendly company. Tens of thousands of private investors in Germany were lured by Prokon’s aggressive advertising, investing a total of 1.4 billion euros with the German wind farm operator. Now Prokon has declared bankruptcy – and investors are facing the loss of their capital.

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Report by Miltiades Schmidt