By Chris Lang Last week REDD-Monitor wrote about John Greene. He’d been scammed into buying carbon credits as an investment by a company called 360 Invest Group. That company disappeared in 2012, but John is still being contacted by scammers.
Category: UK
Can flying go green? Spoiler alert: No
By Chris Lang This week, the British TV programme Panorama asked the question, “Can flying go green?” “Our passion for plane travel is warming the planet,” says Panorama’s reporter, Justin Rowlatt. “Tonight we investigate how the industry is trying to clean up its act, and ask how much can we trust their environmental promises?” About…
A company calling itself Global Capital Holdings and/or Herald Investment Trust is running a recovery room scam
By Chris Lang 360 Invest Group was a scam company that sold carbon credits to retail investors. REDD-Monitor first wrote about the company in August 2013. 360 Invest Group targeted pensioners with high pressure sales. In 2016, I wrote two more posts featuring 360 Invest Group based on a series of emails between 360 Invest…
Robert Sedgwick: The solicitor who helped London Capital & Finance sell mini-bonds also helped scammers sell “carbon benefit units” from the April Salumei REDD project in Papua New Guinea
By Chris Lang In January 2019, an investment scheme called London Capital & Finance went into administration after an investigation by the Financial Conduct Authority.
Carbon credit fraudster Sami Raja appeals his prison sentence. While he carries on scamming in Dubai
By Chris Lang In January 2019, Sami Raja was sentenced to eight years in prison at Southwark Crown Court. He was found guilty of conspiracy to defraud and money laundering. Between January 2012 and August 2013, Raja and others miss-sold carbon credits to 130 retail investors. Two companies were involved in the £2.4 million fraud:…