Among the services that a company called Kession Capital provides is to “Lend our FCA permissions to new and existing firms”. These new and existing firms are “appointed representatives” of Kession Capital.
Category: UK
Vanguard Trading is running a recovery room scam
A company calling itself Vanguard Trading International (or Vanguard UK Trading, or Vanguard Trading UK, or Vanguard Global Financial Intermediaries) is cold calling retail investors who have been scammed into buying carbon credits. Vanguard claims to be able to sell the carbon credits. Of course, there’s an advanced fee to be paid. And, of course,…
The incredible story of Papua New Guinea’s April Salumei REDD project
A company called London Carbon Neutral Ltd and eight linked companies have been shut down in the High Court in London. The companies were shut down after “high pressure and intimidating sales people had targeted the elderly and vulnerable” to sell them carbon credits as investments.
MH Carbon update: Claims total more than £4 million
REDD-Monitor first wrote about MH Carbon in January 2013. At the time the company was selling carbon credits to retail investors. Since then, the company has gone into liquidation – first voluntary, then compulsory.
London Carbon Credit Company scammed people out of £1.7 million. Company director Young Erumuse disqualified for 15 years
By Chris Lang Earlier this month, the director of a carbon credit company was disqualified as a director by the High Court for 15 years. Young Erumuse was the director of the London Carbon Credit Company Limited, a company that sold carbon credits to retail investors.