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Category: United Arab Emirates

The Carbon Platform: Is this how a boiler room recruits staff?

Posted on 5 June 201329 July 2015

The Carbon Platform is a Dubai-based company offering investment in the Carbon Compliance Market, as well as the opportunity to make yourself carbon neutral or your company green. The company is currently updating its website. “Too busy making everyone green…!” an announcement explains.

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Advanced Global Trading: “Any price for VCUs is meaningful if a buyer can be found at such price”

Posted on 4 June 201320 December 2021

Farah Halime, a journalist based in Cairo, reports that records from Dubai’s Department of Economic Development show that AGT’s license in Dubai will expire today. When she asked AGT whether it plans to renew the licence, the company re-sent her a statement it produced last week.

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Advanced Global Trading sold at least US$25 million of voluntary carbon credits as investments

Posted on 3 June 201328 February 2016

Two articles about Advanced Global Trading were published at the end of last week. One by Vivian Nereim, a journalist with The National, an Abu Dhabi English-language newspaper, and one by Farah Halime a journalist based in Cairo.

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Another response from Advanced Global Trading: “We see no utility for our clients or stakeholders in corresponding with you again”

Posted on 27 May 201328 February 2016

Advanced Global Trading is a Dubai-based company that sells voluntary carbon credits as an investment. As with any company doing so, the question is whether the company is a boiler room operation, selling near worthless carbon credits at hugely inflated prices.

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Some questions for Charles Stephenson, CEO of Advanced Global Trading

Posted on 24 May 201328 February 2016

Earlier this month, REDD-Monitor wrote about a Dubai-based company called Advanced Global Trading. AGT is yet another company that sells voluntary carbon credits as an investment. REDD-Monitor asked whether the company was a boiler room, a Ponzi scheme, or both.

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