Paul Seakens and Luke Ryan have been jailed for their role in a £36 million carbon credits investments scam.
Tag: Carbon Credits
BluForest Inc. claimed to have three REDD projects in Ecuador covering 1.6 million hectares. But BluForest was just a pump and dump scam
By Chris Lang Jim Can and Charles Miller, the men behind a pump and dump scam called BluForest Inc., have been banned from Alberta’s capital market. BluForest claimed to have three REDD projects in Ecuador, covering a total of more than 1.6 million hectares. The company estimated that the projects would generate 4.25 million carbon…
Curiouser and curiouser: Compass Carbon threatens to sue REDD-Monitor
A company called Compass Carbon LLC is threatening to sue REDD-Monitor.
Court of Appeal upholds conviction of Paul Moore, Michael Moore, and Haydon Driscoll, the men behind the Burbank of London carbon credit investment scam
In December 2016, Paul Moore, Michael Moore, and Haydon Driscoll were convicted in Maidstone Crown Court of fraudulently selling carbon credits as investments. They did so through a company called Burbank of London Ltd.
Court of Appeal upholds conviction of carbon conman Sami Raja. In his 2019 trial, Raja’s legal representatives withdrew because “they were professionally embarrassed”
In January 2019, Sami Raja was convicted in Southwark Crown Court and sentenced to eight years in prison. In December 2020, the Court of Appeal upheld his conviction.