There are 8 posts filed in Spain (this is page 1 of 1).
On 7 June 2019, James Moore was found guilty of wire fraud and conspiracy for his role in the Bar Works investment scam. Moore was convicted after a one-week trial before the U.S. District Judge Richard M. Berman.
On 25 February 2014, police arrested 110 people suspected of being involved in boiler rooms. The City of London Police put out a press release announcing that, “A groundbreaking partnership between UK and Spanish law enforcement agencies has led to a total of 110 arrests”.
This is a story about how a pensioner was scammed into buying carbon credits as an investment. Miriam contacted REDD-Monitor in August 2014, to ask whether her 4,000 carbon credits were worth anything. She told me that 360 Invest Group had persuaded her to buy the carbon credits and that she’d paid the money to a firm of solicitors, Colemans-CTTS LLP, in Kingston upon Thames.
EcoPush, the Gibraltar-based company offering “investments” in carbon trading, biofuels, agricultural commodities and sustainable timber, has disappeared. REDD-Monitor wrote about the company in June 2013.
Governors from 22 states have signed the Rio Branco Declaration, committing to reduce deforestation by 80% by 2020. If they receive a guarantee of “adequate, sufficient, and long‐term performance‐based funding”, that is.
Last week City of London Police led the biggest ever international operation against boiler room fraud, resulting in the arrests of 110 people, mainly in Spain and the UK.
Last week, REDD-Monitor wrote a post about a Marbella-based company called Carbon-Expert Ltd, which sells carbon credits to the public. The question, as with all such companies, is whether Carbon-Expert is another boiler room scam.
Carbon-Expert is another company selling carbon credits as an investment. As with other companies selling carbon credits, the question is whether this is another boiler room scam. Carbon-Expert’s website certainly includes potentially misleading information.
