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Category: UK

Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”

Posted on 14 May 202018 January 2021

By Chris Lang Three weeks ago, Blackmore Bond’s mini-bond investment scheme collapsed into administration. The Financial Conduct Authority was warned three years ago about one of the boiler room operations that was cold calling pensioners to persuade them to invest in Blackmore Bond. But the FCA took no action.

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Coronavirus notes #2: Masks for all. And basic income for all

Posted on 1 April 20201 April 2020

By Chris Lang Do not go out and try to buy a face mask after reading this. Do stay at home and make one. (Here’s the Masks4All website, with lots more information, including how to make a mask.) Wear your mask if you need to go out, to buy food, for example, or to travel…

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Coronavirus notes #1: The magic money tree and universal basic income

Posted on 26 March 202013 August 2020

By Chris Lang This post is the first in an occasional REDD-Monitor series collecting together some thoughts around the coronavirus crisis. Forests, deforestation and the climate crisis may seem distant problems when we’re all facing the threat of a deadly virus. But when the coronavirus crisis is back under control at some point in the…

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Chloride Eastern recovery room scam

A company cloning Chloride Eastern Limited is running a recovery room scam. Along with a company cloning Cleantech Europe Escrow

Posted on 19 March 20201 October 2020

By Chris Lang A REDD-Monitor reader, let’s call him Andrew, recently wrote asking for advice: I was contacted by a company called Chloride Eastern Ltd yesterday saying they could sell my VERs by re-formatting them to European Emissions at a cost of £1 per unit and this would then sell for about £21.93 per unit….

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Global Forestry Investments

High Court orders Andrew Skeene and Omari Bowers, former directors of Global Forestry Investments, to pay £8.6 million

Posted on 25 February 202018 June 2020

By Chris Lang Andrew Skeene and Omari Bowers ran a company called GFI Consultants Ltd. They used the name Global Forestry Investments and claimed to offer an “ethical and financially rewarding investment” in teak plantations in Brazil.

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“The risk is that the carbon reductions get double counted. If California can find a way to make this work when Europe hasn’t, then I’d be surprised. The danger here is there may be better ways to protect forests than via markets.”

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  • st john on Bar Works: The return of Renwick Haddow
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