By Chris Lang A REDD-Monitor reader, let’s call him Andrew, recently wrote asking for advice: I was contacted by a company called Chloride Eastern Ltd yesterday saying they could sell my VERs by re-formatting them to European Emissions at a cost of £1 per unit and this would then sell for about £21.93 per unit….
Tag: Boiler rooms
High Court orders Andrew Skeene and Omari Bowers, former directors of Global Forestry Investments, to pay £8.6 million
By Chris Lang Andrew Skeene and Omari Bowers ran a company called GFI Consultants Ltd. They used the name Global Forestry Investments and claimed to offer an “ethical and financially rewarding investment” in teak plantations in Brazil.
German prosecutors seek arrest of Peter Virdee (AKA “Batman”) for €125 million carbon credit VAT fraud
By Chris Lang Prosecutors in Frankfurt am Main announced this week that they are seeking the arrest of a 46-year-old British businessman charged with running a criminal gang that pocketed €125 million via a carbon credit VAT carousel fraud.
Carbon offsets: Australian airline Qantas makes misleading claims about “empowering rainforest communities”, while making the climate crisis worse
By Chris Lang In October 2019, Andrew Penman, a journalist at The Mirror contacted REDD-Monitor. I’d been in touch with Penman a few times in the past, mainly because he’s one of the few journalists in the UK who has regularly exposed the boiler room scams selling carbon credits as investments to retail investors.
Action Fraud is, er, a fraud
By Chris Lang Action Fraud is “the UK’s national reporting centre for fraud and cybercrime”, according to its website. Victims should report fraud to Action Fraud, and reports are passed on to the National Fraud Intelligence Bureau.