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”.
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?
Week two of Naked Capitalism’s series on Carbon Neutral Investments and other carbon credit scams
Naked Capitalism’s series about Carbon Neutral Investments and other carbon credit scams continued last week. The stories just get better and better.
Questions for Lotus F1 about carbon credits and Advanced Global Trading
By Chris Lang Since 2012, the Lotus Formula 1 Team claims to be “targeting carbon neutral status”. It is doing so with the help of Advanced Global Trading – a Dubai-based company selling carbon credits as investments.