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Tag: Boiler rooms

The incredible story of Papua New Guinea’s April Salumei REDD project

Posted on 25 November 201518 February 2020

A company called London Carbon Neutral Ltd and eight linked companies have been shut down in the High Court in London. The companies were shut down after “high pressure and intimidating sales people had targeted the elderly and vulnerable” to sell them carbon credits as investments.

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MH Carbon update: Claims total more than £4 million

Posted on 15 October 201530 December 2020

REDD-Monitor first wrote about MH Carbon in January 2013. At the time the company was selling carbon credits to retail investors. Since then, the company has gone into liquidation – first voluntary, then compulsory.

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London Carbon Credit Company

London Carbon Credit Company scammed people out of £1.7 million. Company director Young Erumuse disqualified for 15 years

Posted on 29 September 201517 March 2021

By Chris Lang Earlier this month, the director of a carbon credit company was disqualified as a director by the High Court for 15 years. Young Erumuse was the director of the London Carbon Credit Company Limited, a company that sold carbon credits to retail investors.

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Goldberg Management: Or how to spot a recovery room scam

Posted on 17 September 201510 November 2016

A company called Goldberg Management is cold calling people who have been scammed into buying carbon credits as investments. Goldberg Management claims to be able to sell these worthless carbon credits. The company asks for an advance fee (a “10% Surety Bond”). Needless to say, it’s a transparently obvious scam.

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RobertMarc Asante, founder of Magne Sante: “We are not a trivial group of individuals”

Posted on 15 September 201515 September 2015

On 10 August 2015, “Jeremy Lane” left a comment on REDD-Monitor about a company called Magne Sante. A representative of Magne Sante had cold called him, offering to recover the money he had invested in carbon credits. First though, Jeremy would have to hand over a £10,000 advance payment to Magne Sante.

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Recent Comments

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