By Chris Lang The UK government has once again postponed its proposed ban on cold calling. The government is holding another consultation and in Autumn 2018 will present legislation for discussion in both Houses of Parliament.
Tag: Boiler rooms
Peter Singh Virdee avoids extradition to Germany to face charges of VAT fraud on carbon credit sales. Virdee is now being investigated for corruption in the Caribbean
Peter Singh Virdee avoided extradition to Germany to face charges of VAT fraud on sales of carbon credits. But Virdee talked of paying bribes in the Caribbean.
Has EcoPlanet Bamboo really found a buyer for its bamboo in Nicaragua?
On 19 April 2018, a company called BAP Industries of Guatemala announced that it had signed a 10 year Bamboo Purchase Agreement with EcoPlanet Bamboo. Under the agreement, BAP Industries agreed to buy bamboo from EcoPlanet Bamboo’s plantations in Nicaragua.
Renwick Haddow appears in court in New York
Renwick Haddow, the man behind the Capital Alternatives network of scam companies, a an alleged Bitcoin fraud and the Bar Works investment scam, has been extradited to the USA. He appeared in a Manhattan District Court on 13 April 2018.
London High Court orders Capital Alternatives to repay £16.9 million. New York Southern District Court orders Bar Works and Bitcoin Store to pay US$83.35 million
Capital Alternatives Limited was part of a network of scam companies that offered “investments” to the general public including a rice farm in Sierra Leone, and carbon credits from projects in Sierra Leone, Brazil, and Australia. Last week, the High Court in London found that these “investments” were illegal collective investment schemes.