Oakmount Management Partners, Oakwood Financial Management, Oakmount and Partners, Baron Traders, Emerald Knight, Oakmount Global Management, MH Carbon, DMD Media, Morgan Forbes, and Centrium Capital Markets: A network of scam companies

OakmountA company called Oakmount Management Partners Ltd is offering people who have been scammed into buying carbon credits as investments an exit strategy. Of course there’s an advance fee involved. And of course it’s a scam.

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Guest Post: The carbon credits sold to private individuals as investments are worthless

2015-06-04-161426_1680x1024_scrotIn a post last week, I described the carbon credits sold by boiler room scammers to retail investors as “near-worthless”. Following the post, “XYZ” left a comment. “Near-worthless implies not 100% worthless,” he wrote. “Are you saying there is some worth in my carbon credits and if so who will buy them?”

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Sucker lists, recovery room scams, and why victims of scams become more trusting, not less

If you have been the victim of a scam, your name will be on a list to be cold called – and scammed – again. These “sucker lists” include names, addresses, phone number and background information about the person scammed. They are traded between boiler room operations, because scammers know that people who have been scammed are more than likely to fall for another scam.

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Financial Conduct Authority wins appeal case against Capital Alternatives

The Court of Appeal has upheld a February 2014 High Court ruling in which the Financial Conduct Authority won their case against Capital Alternatives and other firms. The FCA accused the firms of “promoting and/or operating collective investment schemes (CISs) in the UK illegally and without our authorisation”.

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