The scammers behind the Carbon Positive Trading and Carbon Capital fraud have been sentenced to longer prison sentences after failing to return their ill-gotten gains.
Category: Isle of Man
Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
By Chris Lang Three weeks ago, Blackmore Bond’s mini-bond investment scheme collapsed into administration. The Financial Conduct Authority was warned three years ago about one of the boiler room operations that was cold calling pensioners to persuade them to invest in Blackmore Bond. But the FCA took no action.
The Kariba REDD project in Zimbabwe: From carbon credits to EARTH tokens
The extraordinary story of the Kariba REDD project in Zimbabwe. Featuring cryptocurrencies, Earth Tokens, carbon credits, and tax havens.
Premier Group (Isle of Man) Ltd goes into liquidation. Inspector appointed to investigate Eco Resource Fund. What next for Troy Wiseman and EcoPlanet Bamboo?
EcoPlanet Bamboo runs bamboo plantations in Nicaragua, South Africa and Ghana. A UK company called EcoPlanet Bamboo (UK) Ltd sold “bamboo bonds” with a promise of “a 500% return on investment over a 15 year period” on an investment of US$50,000. But in December 2015, EcoPlanet Bamboo wrote to bondholders to tell them that their…
Bamboozled: Inside EcoPlanet Bamboo’s tangled investment web
A glimpse at some of the companies behind EcoPlanet Bamboo’s investment scheme.