In February 2016, the High Court in London ordered 19 companies into liquidation. One of the companies was CNI (UK) Ltd, one of three companies that emerged in 2013 from the ashes of Carbon Neutral Investments, a company involved in selling carbon credits to retail investors.
Category: United Arab Emirates
Financial Conduct Authority wins appeal case against Capital Alternatives
The Court of Appeal has upheld a February 2014 High Court ruling in which the Financial Conduct Authority won their case against Capital Alternatives and other firms. The FCA accused the firms of “promoting and/or operating collective investment schemes (CISs) in the UK illegally and without our authorisation”.
On cockroaches and Capital Alternatives
By Chris Lang “It was the generally accepted way for brokerage firms under regulatory heat to stay one step ahead — essentially, closing down and reopening under a different name, thereby starting the process of making money and fighting the regulators all over again. It was like stepping on a cockroach and squashing it, only…
More from Andrew Nash, managing director of Sterling and Bond: “Please remove any reference to Sterling and Bond”
Andrew Nash has requested REDD-Monitor to “Please remove any reference to Sterling and Bond”. I wonder why?
More scams: Sterling and Bond, Voiptel International and Velvet Assets
Sterling and Bond claims to be able to convert carbon credits to VoIP investments. For an advanced fee. It’s a scam, of course.