A company called Verified Carbon Solutions is running a recovery room scam together with another company called Kentisbury Trust. And/or SML & Associates

Earlier this week, REDD-Monitor received an email from Brian Smith (name changed). Brian explained that about seven years ago he’d been scammed into buying carbon credits as an investment. Recently, Brian received an email from John Miles at a company called Verified Carbon Solutions. Miles said he was acting as a broker for Kentisbury Trust, a company looking to buy five million carbon credits.

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Guest Post: Nature-based solutions. Separating the wheat from the chaff

Recently, British journalist George Monbiot launched a Natural Climate Solutions campaign. In the spirit of encouraging debate about the dangers of offsetting emissions from fossil fuels against the carbon temporarily stored in ecosystems, I wrote a post asking the question, “Is the new Natural Climate Solutions campaign a distraction from the need to leave fossil fuels in the ground?”

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A story of carbon credits, diamonds, and fraud. Featuring London Carbon Market, Carlton Chase, SDKA International, Gurpreet Singh Rai, and the return of Luke Ryan

Gurpreet Singh Rai, or Gurps to his friends, describes himself as someone who was a “prominent figure of the Carbon Market”. He claims to have created history in 2011, when he became “the first person to successfully facilitate a commodity trade using a virtual currency”.

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Is the new Natural Climate Solutions campaign a distraction from the need to leave fossil fuels in the ground?

Earlier this week, an international group of more than 20 campaigners wrote a letter to The Guardian in support of natural climate solutions. “The world faces two existential crises, developing with terrifying speed: climate breakdown and ecological breakdown,” they write. “Neither is being addressed with the urgency needed to prevent our life-support systems from spiralling into collapse.”

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A company calling itself Source Escrow is running a recovery room scam

A REDD-Monitor reader, let’s call him Harry, got in touch last week with a question:

Does anyone have any info on Source Escrow? They claim to be trading at 63 St Mary’s Axe London under a Companies House registered Co at Godington Hall, Bicester. If I phone their direct line I get a “switch board” and I am not able to connect to the director Mr Kivell. They are offering a good price for VCCs BUT require a deposit of £2000 in an “Escrow” account to lubricate the transaction. Thanks.

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Can buying Ben & Jerry’s ice cream save the Cordillera Azul National Park in Peru? Featuring Ecosphere+, Althelia, the Poseidon Foundation, REDD, Blockchain, and the government of Malta

Since May 2018, if you buy ice cream from Ben & Jerry’s Scoop Shop in Wardour Street, London, you will also buy a small part of a carbon credit. For every scoop of ice cream, a penny goes to buying carbon credits from the Cordillera Azul National Park REDD project in Peru.

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Red flags: Radley Ventures Nominees, part of the Thorn Medical network, is selling shares in Med Cell Plc, a Liverpool-based firm linked to stem cell company Med Cell Bahamas

A company called Radley Ventures Nominees is involved in selling shares in Med Cell Plc, a UK registered company linked to a stem cell research company in the Bahamas. REDD-Monitor has seen a copy of Radley Ventures Nominees’ “Confidential Private Placement Agreement”. Needless to say, this so-called “investment” raises plenty of red flags.

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Boiler room scammer Michael Nascimento jailed for 13 years

Michael Nascimento has been sentenced to 13 years in jail for his role in a series of boiler room companies.

Between July 2010 and April 2014, the scammers cold called members of the public promoting investment schemes in Madeira. They promised guaranteed returns of between 125% and 228%, and convinced more than 170 people to hand over a total of more than £2.8 million. Of course, no one who invested ever saw any returns.

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