Vanguard Trading is running a recovery room scam

2016-01-22-183048_1128x1026_scrotA company calling itself Vanguard Trading International (or Vanguard UK Trading, or Vanguard Trading UK, or Vanguard Global Financial Intermediaries) is cold calling retail investors who have been scammed into buying carbon credits. Vanguard claims to be able to sell the carbon credits. Of course, there’s an advanced fee to be paid. And, of course, Vanguard is running a recovery room scam.

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The incredible story of Papua New Guinea’s April Salumei REDD project

A company called London Carbon Neutral Ltd and eight linked companies have been shut down in the High Court in London. The companies were shut down after “high pressure and intimidating sales people had targeted the elderly and vulnerable” to sell them carbon credits as investments.

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Response from Glenn Jamie King’s Solicitors: “Our purpose in writing at this stage is to request that this Offending Statement be withdrawn immediately”

2015-08-11-161344_1128x1026_scrotTwo weeks ago, REDD-Monitor wrote about several companies, many of which have the word “Oakmount” in their names. On 3 August 2015, I received a letter from Meaby & Co, who informed me that they act for Glenn Jamie King, Oakmount and Partners Limited, and Oakmount Global Management Limited.

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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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