By Chris Lang Gurpreet Singh Rai, or Gurps to his friends, describes himself as someone who was a “prominent figure of the Carbon Market”. He claims to have created history in 2011, when he became “the first person to successfully facilitate a commodity trade using a virtual currency”.
Tag: Boiler rooms
Capital Alternatives: Anyone who was scammed by African Land or Capital Carbon Credits should complete the FCA’s questionnaire before 31 March 2019
The Financial Conduct Authority is asking anyone who was scammed by African Land or Capital Carbon Credits to complete a questionnaire and send documents to the FCA by 31 March 2019.
A company calling itself Source Escrow is running a recovery room scam
A REDD-Monitor reader, let’s call him Harry, got in touch last week with a question: Does anyone have any info on Source Escrow? They claim to be trading at 63 St Mary’s Axe London under a Companies House registered Co at Godington Hall, Bicester. If I phone their direct line I get a “switch board”…
Is carbon credit scammer Sami Raja in prison in the UK, or still scamming in Dubai? Or both?
Two weeks ago, REDD-Monitor wrote about a con artist called Sami Raja. On 18 January 2019, Sami Raja was sentenced to eight years in prison at Southwark Crown Court.
Carbon credit scammer Sami Raja sentenced to eight years in prison
By Chris Lang On 18 January 2019, Sami Raja was sentenced to eight years in prison at Southwark Crown Court. He was found guilty of conspiracy to defraud and money laundering. Four other men were sentenced in September 2018. Between January 2012 and August 2013, they miss-sold carbon credits to retail investors through two companies,…