Last week, a commentator on REDD-Monitor asked about a company called World Carbon Marketplace. The commenter pointed out that on the company’s website, 28 people were advertising carbon credits from 58 projects supposedly worth a total of just over £2 million.
Category: UK
Some questions for David Martin, Managing Director of Carbon-Expert
Last week, REDD-Monitor wrote a post about a Marbella-based company called Carbon-Expert Ltd, which sells carbon credits to the public. The question, as with all such companies, is whether Carbon-Expert is another boiler room scam.
Carbon-Expert: Another boiler room scam?
Carbon-Expert is another company selling carbon credits as an investment. As with other companies selling carbon credits, the question is whether this is another boiler room scam. Carbon-Expert’s website certainly includes potentially misleading information.
Anglo-Capital Partners: Another boiler room scam?
Anglo Capital Partners’ website describes carbon credits as “The ethical alternative investment” and “a phenomenal alternative investment opportunity”. This description is dramatically different to the advice on the UK’s National Fraud Intelligence Bureau: “If you buy carbon credits you WILL NOT make any money no matter what the salesman says.”
Is the Knifton family behind Carbon Neutral Investments?
In November 2012, REDD-Monitor reported on a company called Enviro Associates. The BBC had secretly filmed Luke Ryan, a director of the company, making misleading claims about carbon credits as investments. Ryan said there was “serious money” to be made.