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.
“It’s very attractive. The earnings are very high and we’ve got hybrid material now. You harvest in the 24th month, and the repayment period is about seven years at the most… For the next 20 years it’ll be laughing yourself all the way to the bank.”
“Carbon forestry is privatizing, commodifying and financializing the world’s forests, recasting relations between state and market forest landscapes,” says Jesse Ribot, University of Illinois in a review of a new book.
The Court of Appeal has upheld a February 2014 High Court ruling in which the Financial Conduct Authority won their case against Capital Alternatives and other firms. The FCA accused the firms of “promoting and/or operating collective investment schemes (CISs) in the UK illegally and without our authorisation”.