A little less than two hours after REDD-Monitor’s post yesterday about the Financial Conduct Authority’s High Court win against Capital Alternatives, I received an email from Paul Quade of City Road Communications, a public relations firm in London.
In February 2014, the UK’s Financial Conduct Authority won a case in the High Court against two investment schemes promoted by Capital Alternatives and other firms.
Last week City of London Police led the biggest ever international operation against boiler room fraud, resulting in the arrests of 110 people, mainly in Spain and the UK.
Carter & Campbell claims to offer “Investment you can trust, experience that produces results and a client focussed company.” The reality is that it is running a recovery room scam.
A company called Consultants Europe is cold calling people, claiming that they can sell near-worthless carbon credits for more than £5.75. Of course, there’s an advance fee to be paid of 45p per credits.
China Development Finance Corporation is cold calling people and offering to sell their near-worthless carbon credits. The company is a transparently obvious scam.
Carbon Offset Consultants cold calls people and offers them an exit strategy for the carbon credits that they were scammed into buying. Of course, there’s an advance fee to be paid.
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”.
A company called FE Wealth Management is currently cold calling people offering to sell their carbon credits – for an advance fee, of course. And if it is not a recovery room scam, then I’m the Queen of Sheba.
Financial Advisors Online is a company offering an exit strategy for people who were scammed into buying carbon credits as investments. Needless to say, for an upfront payment. And, needless to say, Financial Advisors Online is running a recovery room scam.
Kingsley Advice Group claims to have “a long history of success” and to be a “trusted name in financial services”. Both of these statements are lies. The company was recently created. And it’s a scam, not a “trusted name”.
In March 2013, REDD-Monitor wrote about a company called Anglo-Capital Partners, which was selling carbon credits as “a phenomenal alternative investment opportunity”. Last month, after an investigation by the Insolvency Service, Anglo-Capital Partners was ordered into liquidation in the High Court.