Eco Business Management, a company that sold carbon credits to the public as investments, has been closed down in the High Court in London for misleading potential investors. REDD-Monitor wrote about Eco Business Management in October 2014.
A company called Rothstein Capital & Partners is contacting people who have been scammed into buying carbon credits or other near-worthless investments. The company claims that it can offer an exit strategy. Of course, Rothstein Capital & Partners wants an advance fee. And of course, it’s a scam.
“It was the generally accepted way for brokerage firms under regulatory heat to stay one step ahead — essentially, closing down and reopening under a different name, thereby starting the process of making money and fighting the regulators all over again. It was like stepping on a cockroach and squashing it, only to find ten new ones scurrying in all directions.”
In December 2014, three men were sentenced in Southwark Crown Court in the UK to a total of 28 years for their involvement in a £23 million biofuel investment fraud. While handing down the sentence, judge Martin Beddoe described the fraud as a “thickening quagmire of dishonesty”.
Windward Capital Ltd sold carbon credits to the public as an investment. Earlier this month, it was ordered into liquidation in the High Court for duping investors with false and misleading claims. Two related companies, Met-X Corp. Ltd and Imarc Ltd, were also closed down.
A company called Noble Rock Partners is cold calling people who have been scammed into buying carbon credits as an investment. The company claims it can sell their carbon credits, provided an upfront fee is paid. It’s a scam, of course.
A company called Claremont Partnerships is cold calling people who have been scammed into buying carbon credits as an investment. The company claims it can sell their carbon credits, provided an upfront fee is paid. It’s a scam, of course.
Like many other people who were tricked into buying carbon credits as investments, Craig Jamieson found out too late that the carbon credits are near-worthless. He wants to publicise what happened to prevent others from being taken in and in the hope of getting justice.