Earlier this year, a law firm agreed to provide some advice pro bono about the sale of carbon credits as investments under UK law. Part of the advice was on “what, if any action, may be taken in the UK against companies selling voluntary carbon credits to the retail market.”
Tag: Boiler rooms
Carbon Green Capital and Agora Capital: Two carbon credit brokers put into provisional liquidation
Carbon Green Capital and Agora Capital, two companies that sold carbon credits as investments, have been ordered into provisional liquidation by the High Court in London.
GEN Equities: Another advance fee recovery room scam
“I have been recently approached by a company called GEN Equities of Dublin who say they can help me exit the market if I invest £5000.” This is one of several recent comments that REDD-Monitor has received about GEN Equities. The company has all the hallmarks of a recovery room scam.
The Trend is Blue: A carbon credit boiler room turns to the recovery room scam
By Chris Lang The Trend is Blue is a company that used to sell near-worthless carbon credits as investments. That’s the boiler room part of the carbon credits scam. Now the company rings people up to tell them that they have a buyer for their near-worthless carbon credits. For an advance fee, no doubt. That’s…
“FCA’s investigation to determine if deals such as African Land are a collective investment scheme or not, is irrelevant. The bigger concern is if it might be a scam”
African Land Ltd had a simple offer: Invest in “low-cost, high potential” farmland in Sierra Leone. “We Harvest – You Profit” was the headline of one of the company’s brochures.