“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.
Tag: Boiler rooms
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.
Diffraction Limited: Another carbon credit boiler room bites the dust
By Chris Lang The High Court in London has ordered Diffraction Limited into liquidation following an investigation by the Insolvency Service. Diffraction Limited is another part of the web of companies around Eco-Synergies.
UK High Court shuts down “web” of carbon credit boiler rooms – £19 million scam with Eco-Synergies at the centre
A web of companies, with Eco-Synergies at the centre, has been closed down in the UK’s High Court.