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.
Category: Australia
Koenig Rowe Campbell Alliance: More red flags than a golf course
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…
IFC launches US$152 million REDD greenwashing bond for mining corporation BHP Billiton. With help from Conservation International
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.
Another one bites the dust: Conservation Central Network ordered to wind up
On 22 August 2016, a court order to wind up Conservation Central Network and appoint a liquidator was issued in Australia. About time too.
The incredible story of Papua New Guinea’s April Salumei REDD project
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.