A couple of weeks ago, a REDD-Monitor reader sent me an email. I’ll call him Jack. “Have you seen the website alternative-investing.uk?” Jack asked. “I think it could be a scam site given the track record of these types of things.”
Tag: Boiler rooms
Deadline tomorrow: UK government consultation on pension scams
On 5 December 2016, the UK government launched a consultation on pension scams. The government is asking for responses to four proposals aimed at making it harder for boiler room operations to scam people out of their pensions.
“Returns up to 895%” and other misleading statements from Property Frontiers about investments in EcoPlanet Bamboo and Silva Tree
Property Frontiers attracts investors to its alternative investments by making claims that they can make huge returns.
Mohsin Salya is no longer wanted by the German authorities. Peter Singh Virdee, alias “Batman”, faces extradition to Germany
A British man, Mohsin Usmangani Salya, has been sentenced to three years and three months in jail. Carbon Pulse reports that a court in Germany found Salya guilty of carbon credit VAT fraud.
Premier Group (Isle of Man) Ltd goes into liquidation. Inspector appointed to investigate Eco Resource Fund. What next for Troy Wiseman and EcoPlanet Bamboo?
EcoPlanet Bamboo runs bamboo plantations in Nicaragua, South Africa and Ghana. A UK company called EcoPlanet Bamboo (UK) Ltd sold “bamboo bonds” with a promise of “a 500% return on investment over a 15 year period” on an investment of US$50,000. But in December 2015, EcoPlanet Bamboo wrote to bondholders to tell them that their…