Earlier this week, “Fallguy” left a comment on REDD-Monitor. “Has anyone had dealings with Delta Financial Markets Ltd?”, Fallguy asked.
A company calling itself “Delta Financial Markets” is running a recovery room scam
UK
There are 225 posts filed in UK (this is page 2 of 15).
Some questions for Stephen Hooper about the “carbon benefit units” sold from his April Salumei REDD project in Papua New Guinea
April Salumei is a REDD project in Papua New Guinea. Various companies, including Qantas, Eneco Energy Trade, and Norwegian supermarket chain Rema 1000, have bought carbon credits from the April Salumei REDD project. Should you so wish, you can buy carbon credits from the project on the USAID-funded website Stand for Trees.
Thorn Medical: “The company is not in a position to meet its financial obligations and therefore must be wound up”
Thorn Medical has written to shareholders to tell them that the company is insolvent and will be placed in voluntary liquidation.
Thorn Medical is a healthcare company, founded in July 2014 by Jack Kaye. In 2015, the company announced that it was planning a £350 million listing on the London Stock Exchange. A listing on the USA’s Nasdaq was also planned. In early 2016, the company appointed Sir Eric Peacock, Sir John Lucas-Tooth, and Lord Beaverbrook to its board.
Koenig Rowe Campbell Alliance: More red flags than a golf course
A company called Koenig Rowe Campbell Alliance is cold calling people in several countries, claiming to be a wealth advisory firm established in 1978. KRC Alliance takes clients’ money and claims to invest it. The investment will need to be increased, for whatever made up reason, to reach a certain number of shares. Then, in order to receive a payout, clients have to pay a security bond. Then another. Then another.
United States of America versus Renwick Haddow
On 30 June 2017, the Securities and Exchange Commission filed a legal complaint against Renwick Haddow. The SEC alleges that Haddow fraudulently raised almost US$38 million from investors. The SEC has obtained an emergency asset freeze against Haddow and his companies named in the complaint.
Investors file two lawsuits against Bar Works
Since January 2017, REDD-Monitor has written a series of posts about Renwick Haddow’s latest investment scheme, Bar Works, a New York-based co-working startup company. Last week, Law360 reported that Bar Works “is now the subject of at least two lawsuits from investors who call it a multimillion-dollar Ponzi scheme”.
The EcoPlanet Bamboo investment saga continues: Who is John Bourbon? And why does he want a new liquidator?
The EcoPlanet Bamboo investment saga continues its slow unravelling. In 2012, EcoPlanet Bamboo (UK) Ltd sold “bamboo bonds” to retail investors (promising returns of up to 895%!).
Thorn Medical has been bought out by Teknisity Inc.
Thorn Medical is a health care company. It was founded in July 2014 by Jack Kaye, a telecoms entrepreneur. The company was planning a £350 million flotation in 2016. In February 2016, Thorn Medical’s directors included Lord Beaverbrook, Sir Eric Peacock, and Sir John Lucas-Tooth.
Forest Defenders Conference in Oxford, 21 June 2017
Five years ago, Chut Wutty was murdered in Cambodia. He was one of Cambodia’s leading campaigners against illegal logging and land grabs. He was killed in the Cardamom Mountains in Koh Kong province, while researching illegal logging with two journalists from the Cambodia Daily.
Franklin Kinard leaves Bar Works: “I have completed my reorganization, and I am leaving the company”
Franklin Kinard sent out another email update yesterday. It’s posted in full below. Kinard is leaving Bar Works. In January 2017, when Konrad Putzer wrote about Bar Works on the New York property website The Real Deal, Jonathan Black was listed as CEO and co-founder. Within weeks, Black’s name was replaced by Kinard’s on Bar Works’ company documents.
Four conmen who sold rare earth metals have been jailed in the UK. One of them is Nick Start, who threatened to sue REDD-Monitor two years ago
On 11 May 2017, four men were sentenced in Blackfriars Crown Court in London to jail for selling precious metals as investments. The metals were almost worthless. The conmen duped retail investors out of £7.75 million.
Renwick Haddow is Chief Executive Officer of Bar Works Inc. That’s bad news for investors
Bar Works is a US-based company apparently hoping to copy the success of WeWork in the co-working sector. But in January 2017, an article on the US property website The Real Deal, exposed the role of Renwick Haddow in Bar Works.
“Bar Works has been facing difficulties with its banking facilities”, Managing Director Franklin Kinard tells investors
Bar Works is a company that buys retail spaces, converts them and rents them out as co-working offices. Renwick Haddow, the man behind the Capital Alternatives network of scam companies is a “key figure” behind Bar Works, according to an article on The Real Deal website. Bar Works, meanwhile, claims that Haddow is just a consultant to the company.
Lukasz Matula, director of recovery room Bradlodge Limited, banned for 15 years
Bradlodge Limited was a recovery room scam. Back in 2014, the company’s conmen rang up people who had already been conned into buying worthless carbon credits as investments. Bradlodge told them they could sell their carbon credits. For an advanced fee, of course.
Troy Wiseman of EcoPlanet Bamboo caught lying in late 2015: “We did an institutional debt deal with a Wall Street fund”
At the beginning of December 2015, Troy Wiseman was in Paris. The CEO and co-founder of EcoPlanet Bamboo was there as part of the Nicaraguan government delegation to COP 21, the UN climate change negotiations. Wiseman’s Paris trip came just a few days before Wiseman wrote to the people unfortunate enough to have invested in his company’s “Bamboo bonds” to let them know that their investment had gone pear-shaped.