By Chris Lang On 27 July 2020, Savraj Gata-Aura was sentenced to four years in prison for his part in the Bar Works investment scam. More than 800 investors handed over more than US$40 million supposedly as investments in the Bar Works co-working space company. Gata-Aura co-founded Bar Works in 2015 with serial scammer Renwick…
Category: UK
Global Forestry Investments: Skeene and Bowers plead not guilty
By Chris Lang Andrew Skeene and Omari Bowers, former directors of Global Forestry Investments, last week pleaded not guilty to fraud charges. In 2019, following an investigation by the Serious Fraud Office, Skeene and Bowers were arrested and charged with three offences of conspiracy to defraud, four offences of forgery, one offence of misconduct in…
REDD notes: 1 June 2020
By Chris Lang This week’s REDD notes. For a lot more links to news about forests, the climate crisis, natural climate solutions, the oil industry and so on, please follow @reddmonitor on Twitter.
Blackmore Bond collapse: Financial Conduct Authority is “responsible for every penny lost”
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.
Coronavirus notes #2: Masks for all. And basic income for all
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…