The Financial Conduct Authority is asking anyone who was scammed by African Land or Capital Carbon Credits to complete a questionnaire and send documents to the FCA by 31 March 2019.
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…
Yesterday, the World Bank’s private sector arm, the International Financial Corporation launched a US$152 million bond aimed at supporting REDD and carbon trading. The deal demonstrates just about everything that’s wrong with REDD.
On 12 July 2016, an application was commenced in Australia for the winding up of Conservation Central Network. A court hearing took place in the Federal Court in New South Wales on 12 August 2016, and on 22 August 2016 a court order to wind up the company and appoint a liquidator was issued.
A company called London Carbon Neutral Ltd and eight linked companies have been shut down in the High Court in London. The companies were shut down after “high pressure and intimidating sales people had targeted the elderly and vulnerable” to sell them carbon credits as investments.