The scumbag correspondence from Enviro Associates just keeps on coming

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Enviro Associates continues to contact people who have been scammed into buying carbon credits. In its latest email, it doesn’t say that it can sell the carbon credits, instead offering “the latest information regarding the market”.

In the small print, Enviro Associates’ emails include information about diamonds. It seems the company is branching out to selling diamonds as investments. Diamonds are, like carbon credits, an unregulated product. The diamonds will be held in a nominee account with Gemmax Solutions Limited. It all looks remarkably similar Enviro Associates’ deals on carbon credits.

The small print also includes information about carbon credits. But Enviro Associates seems to be struggling to keep its story straight. In the small print below its emails, it explains that,

Enviro Associates Limited Customers have their carbon credits held in a nominee account with Gemmax Solutions Limited.

Meanwhile, on its website, Enviro Associates states that,

Enviro Associates is a partner of Carbon Clearing.

It’s all encompassing systems, powered and administered by Carbon Neutral Investments Limited, an FSA regulated firm, are at the forefront of the VCS VER Market.

Of course, the website could just be out of date. Nine months out of date, that is. In April 2013, Carbon Neutral Investments split into three companies, one of which is Gemmax Solutions. Also in April 2013, the FSA became the Financial Conduct Authority. And in March 2013, the FSA put out a warning about Carbon Neutral Investments.

The latest email from Enviro Associates is just an updated version of the email that Paul Murphy, writing on the Financial Times blog FTAlphaville, described as “scumbag correspondence”. Since Murphy wrote about Enviro Associates, in October 2013, the company has removed the reference to the £6-7000 a year Thomson Reuters subscription from its emails. Otherwise it’s pretty much the same old scumbag correspondence.

From: “Enviro Associates Compliance”
Date: 14 January 2014 15:56:37 CET
To: XXXX
Subject: Do you need Carbon Credit Help? Call us today 01962 353 170

Dear Investor,

Happy New Year!


We hope this email finds you well. It has been brought to our attention that you have been approached by a number of sales companies in the past regarding the sale of your carbon credits. For example, some of the particular companies in question are: Financial Advisors Online, Wellz Zable, Capital Asset Partnership, Advanced Global Trading, Worldwide Commodities, MH Carbon Limited as well as many others.

If you have made a purchase of carbon credits through a sales company and would like to receive some of the latest information regarding the market, then please email or call us on 01962 353 170.

We look forward to offering you support in 2014,

If you would like to unsubscribe to this very helpful email, please reply with “unsubscribe”.

2014-01-16-122913_285x103_scrot

2

Melee


EVR Associates and EVR Emissions are trading names of Enviro Associates Limited.

Melee Diamonds are an OTC Commodity. Trading over the counter requires experience, knowledge and skill. Gemmax Solutions provide a live Bid Offer on their website www.gemmax.co.uk. If you were to sell prematurely (before 12 months) there is an early liquidation administration fee (working on a sliding scale). The Melee Diamonds can be sold at any time, subject to the bid price and possible early liquidation administration fee’s.

Enviro Associates Limited Customers have their melee diamonds held in a nominee account with Gemmax Solutions Limited. Gemmax Solutions Limited is regulated by the Financial Conduct Authority (reg. no 540545).

While Gemmax Solutions Limited is regulated, and the melee diamonds are electronically held in nominee with a regulated firm, the melee diamonds themselves are not a regulated product at present, as they do not fall under the category of an investment product as stipulated by FSMA (The Financial Services and Marketing Act). This means that you are not eligible to any recourse under the Financial Services Compensation Scheme (FSCS).

Melee diamonds and their associated markets currently lack transparency due to their immaturity.

Carbon Offsets

Front Office: Southgate Chambers | 37-39 Southgate Street | Winchester, SO23 9EH | Registered Office and Enquiries: International House | 1-6 Yarmouth Place | London | W1J 7BU | Companies House Registration Number: 07526052

Trading on over-the-counter markets requires experience, knowledge and skill. You may lose money on your purchase by not getting a competitive rate when trading a small volume of carbon credits or not being able to sell your credits at all. Enviro Associates Limited Customers have their carbon credits held in a nominee account with Gemmax Solutions Limited. Gemmax Solutions Limited is regulated by the Financial Conduct Authority. While Gemmax Solutions Limited is regulated, and the carbon credits are electronically held in nominee with a regulated firm, the Voluntary Carbon Credit Market and Voluntary Carbon Credits themselves are not a regulated product at present, as they do not fall under the category of an investment product as stipulated by FSMA (The Financial Services and Marketing Act). This means that you are not eligible to any recourse under the Financial Services Compensation Scheme (FSCS).

Secondary Compliance Carbon Credits and their relative OTC markets are also not regulated at present.

Please note and read these warnings and requirements:
Confidentiality: This e-mail transmission is strictly confidential and intended solely for the addressee. It may contain privileged and confidential information and if you are not the intended recipient, you must not copy or distribute it. If you have received this e-mail in error, please notify the sender and delete the e-mail transmission immediately.
Viruses: Although we have taken steps to ensure that this e-mail and attachments are free from any virus, we advise that in keeping with good computing practice the recipient should ensure they are actually virus free.
Security Warning: Please note that this e-mail has been created in the knowledge that internet e-mail is not a 100% secure communications medium. We advise that you understand this lack of security and take any necessary measures when e-mailing us.
P Think of the environment…please don’t print this e-mail unless you really need to

Enviro Associates Limited ensures the highest levels of integrity and due diligence is performed on all aspects of its un-regulated business


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9 Comments

  1. Well done they have been onto me about silver you can have copies if you wish John Bartlett

  2. How can A DIAMOND be kept electronically in a vault? Either it is a physical diamond or it is not? If it is physical then it cannot be kept electronically can it? It is placed in a vault or better still given to you when you pay for it.

  3. @John Bartlett (#1) – Yes, please send me Enviro Associates’ email about silver. Either by email (reddmonitor@gmail.com) or post it in the comments here. Thanks!

  4. The tide of dominant unproven climate change science appears to be weakening as various parties within the IGPCC begin to recognise that the role of identified GHG culprits that have been stressed as the prime moves of climate change are intact rather minor dragged along outcomes rather than precursors. Most likely dictators of climate change are Sun activity and water moisture.

    REDD Monitor has identified upon multiple occasions just how instrumental the UN, WB and IMF have assisted to sustain enhance and facilitate exceptionally corrupt trading practices. Deliberately squashing the development of energy security in least developed regions.

    NB: The issues in the Kenya forests relate to preserving the Mara rivers ability to service the great migration. The Kenyan government needs executive support with this issue as land rights were released to indigenous people in advance of knowing or recognising the role the forests play. High handed central government attacks upon the forest dwelling and associated communities is no solution.

  5. @Clive Richardson (#4) – I’ll answer this one paragraph at a time:

    1. If you want to discuss whether the climate is changing, please go elsewhere to do so.

    2. I have no idea what you are talking about.

    3. I think we agree that the illegal evictions indigenous people and other forest communities should be stopped. The appeal put out by Forest Peoples Programme in December 2013 asks the Kenyan Government to withdraw the threats of eviction and to sit down with the communities to find a way ahead that respects their rights and protects the forests.

  6. Here’s a BBC 5Live programme broadcast over the weekend about boiler rooms selling diamonds:

    Boiler room scam: Cold-callers promote diamond fraud

    Vulnerable older people are being targeted by a new form of investment scam involving diamonds, fraud investigators have warned.

    Companies are cold-calling with promises of stellar returns by investing in rare jewels.

    In some cases the gems have been marked up by 17 times their actual value – and some victims worry the gems may not exist at all.

    Several cases of diamond fraud are being investigated and about 250 reports were received last year, said Det Ch Insp Matthew Bradford, head of crime at the National Fraud Intelligence Bureau.

  7. I was cold called by AJ-West.com in Bristol about coloured diamonds. I extracted their details then let the broker know I was on to him. He responded by saying he would put a hex on me!

    I then phoned action fraud.

  8. I am sick and tired of this. I have actually got loads of money to invest and nobody is calling me with a good product! They are all f****** scams! Well done Chris, but I need to make something here!

  9. Has anyone managed to sell any carbon credits?, I have been contacted for a 2nd. time by Eton Stanley who for an upfront surety bond they will sell my credits, both Lewis Coomber & David Andrews tell me that they have sold out over 2000 clients!? it takes some believing.I am not trusting them

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