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.
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.
By Chris Lang In November 2019, Radio 4’s File on 4 broadcast a programme titled, “The Anatomy of a Fraud”. It documents in detail how 86 year-old Cynthia Tuck was scammed into handing over almost £400,000 in fraudulent investment schemes. And how the authorities and police have utterly failed her.
By Chris Lang Last week REDD-Monitor wrote about John Greene. He’d been scammed into buying carbon credits as an investment by a company called 360 Invest Group. That company disappeared in 2012, but John is still being contacted by scammers.
By Chris Lang 360 Invest Group was a scam company that sold carbon credits to retail investors. REDD-Monitor first wrote about the company in August 2013. 360 Invest Group targeted pensioners with high pressure sales. In 2016, I wrote two more posts featuring 360 Invest Group based on a series of emails between 360 Invest…