This is a truth with modifications.
In 2005, Eliasch created the Rainforest Trust and purchased for preservation purposes a 400,000-acre (1,600 km2) rainforest area in the heart of the Amazon rainforest near the Madeira River (source: his wikipedia page)
Johan Eliasch has been recently fined $275 million for illegal Amazon logging. He bought the property from a logging company for only 14 million U.S. dollars in 2005. (source: several newsoutlets)
In 2005, Eliasch created the Rainforest Trust and purchased for preservation purposes a 400,000-acre (1,600 km2) rainforest area in the heart of the Amazon rainforest near the Madeira River (source: his wikipedia page)
Johan Eliasch has been recently fined $275 million for illegal Amazon logging. He bought the property from a logging company for only 14 million U.S. dollars in 2005. (source: several newsoutlets)