Colemanballs is a long running series in Private Eye featuring the howlers made by sports commentators. It’s named after ex-BBC commentator David Coleman. Today, REDD-Monitor is launching an occasional series, titled Carbonballs featuring the howlers made by con artists selling carbon credits as investments.
Tag: Carbon Credits
Hamilton Carter: A “specialist investment consultancy” selling carbon credits as investments sets off the alarm bells
“Hamilton Carter are a specialist investment consultancy, focused in carbon credit trading, emissions offsetting, gold trading, property funds and other alternative investments.” If that statement from the company’s website doesn’t set off alarm bells, here are some aspects of the Hamilton Carter’s operations that will.
Naked Capitalism shines a spotlight on Carbon Neutral Investments
Naked Capitalism is a blog set up by Yves Smith. She’s an expert on investment banking and the founder of Aurora Advisers, a New York-based management consulting firm. Carbon Neutral Investments is a company that, before it changed its name, provided services for a long list of companies that sold carbon credits as investments.
What to do if you’ve been scammed into buying carbon credits as an investment
By Chris Lang Over the past 18 months, REDD-Monitor has written a series of posts about companies selling carbon credits as investments. From the comments it’s clear that a large number of people have been taken in by the scam and many have handed over their life savings.
Why does the Serious Fraud Office not take action on carbon credit scams?
“The Serious Fraud Office is an independent government department, operating under the superintendence of the Attorney General. Its purpose is to protect society by investigating and, if appropriate, prosecuting those who commit serious or complex fraud, bribery and corruption and pursuing them and others for the proceeds of their crime.”