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…
Tag: Boiler rooms
Gavin Manerowski, ex-director of carbon credit investment scam company MH Carbon, is banned as director for 12 years
Gavin Manerowski has been banned as a director (for 12 years), but allowed to keep the profits from the carbon credits as investments scam.
Scammers behind London Carbon Credit Company jailed
The scammers behind London Carbon Credit Company and Henderson International Associates have been jailed.
Philip Hammond’s Autumn budget statement did not ban cold calls. But the government will hold a consultation before Christmas
Yesterday (23 November 2016), the UK chancellor gave his Autumn budget statement. Last week, there were several media reports that the chancellor was going to ban cold calls about pensions.
UK to make cold calling about pensions illegal
The UK government is to ban cold calling to sell pension investments. Philip Hammond, the UK chancellor, will announce the ban in his first budget statement tomorrow (23 November).