On 12 June 2013, Foreco Growth Investments Ltd, a UK-based company that sold carbon credits as investments, was wound up in the High Court in London. The company is the latest in a series of similar companies to be investigated by the Insolvency Service and subsequently closed down.
Tag: Boiler rooms
Eventus Alternatives: Another carbon credit boiler room scam?
By Chris Lang Eventus Alternatives is a Dubai-based company selling carbon credits to individuals as investments. Carbon, according to the company’s website is, “The dawn of a new commodity – the booming new alternative providing comprehensive return on investment.”
The OTC Registry: “The registrar service of last resort,” or just part two of the boiler room scam?
A recovery room is a company that claims to offer assistance to people who are the victims of boiler room fraud. For a fee, of course. The recovery room is the second part of the boiler room scam.
EcoPush: “A leader within the environmental investment sector” or just another scam?
EcoPush is a company that offers expertise in environmental markets, including carbon trading, biofuels, agricultural commodities and sustainable timber. While the company’s website boasts a “proven track record”, the website provides little information about who is behind the company and what its track record actually is.
The Carbon Platform: Is this how a boiler room recruits staff?
The Carbon Platform is a Dubai-based company offering investment in the Carbon Compliance Market, as well as the opportunity to make yourself carbon neutral or your company green. The company is currently updating its website. “Too busy making everyone green…!” an announcement explains.