The Teachers Group (TG), the controlling body of the broader Tvind organisation, ran a front company called ‘Institute for Scientific Research and Applied Sciences’, (Danish acronym: IFAS), which was founded in March 1987.
According to the late Hans La Cour’s 2002 memoir, Den Rejsende (The Traveller ), IFAS never did any of the independent research it claimed. It was actually used to find banana plantations in Central America to buy. La Cour was a TG member from 1972 to 1990.
IFAS, and the TG’s communal ‘Humanitarian Fund’, were central to the 2003–2006 fraud prosecution of members of the TG Economy, which continues today.
From the Danish prosecutor’s 2001 case summary on Tvind:
“The original board of directors of IFAS (14 September 1987 to 18 October 1993) consisted of Birgitte Hector Nielsen (chairperson), Anne Sophie Pedersen (deputy chairperson), Birgitte Krohn, Birgit Ring and Rikke Viholm. Rikke Viholm is also founder of the [TG’s] Foundation. On 18 October, 1993 Birgitte Krohn was replaced by Christian Jacobsen. All members of the board were members of the teachers group in Tvind. Else Jensen, who is also a member of [the TG], was allegedly employed as ‘research manager’ in IFAS.
“IFAS was liquidated as per 31 December 1994. [Tvind spokesman] Poul Jørgensen was liquidator.
“The investigation has shown that ‘IFAS’ is a front organisation established and in reality managed by the defendant Amdi Pedersen that does not carry out any research projects, and which is established solely for the purpose of regularising payments to ‘research purposes’. At no point in time has there been any activity in IFAS which may be characterised as research, and IFAS has had only pro forma employees.”