Boiler rooms | REDD-Monitor

Two 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. Meaby … read more

On 10 August 2015, “Jeremy Lane” left a comment on REDD-Monitor about a company called Magne Sante. A representative of Magne Sante had cold called him, offering to recover the money he had invested in carbon credits. First though, Jeremy would have to hand over a £10,000 advance payment to … read more

A company called Goldberg Management is cold calling people who have been scammed into buying carbon credits as investments. Goldberg Management claims to be able to sell these worthless carbon credits. The company asks for an advance fee (a “10% Surety Bond”). Needless to say, it’s a transparently obvious scam. … read more

Earlier this month, the director of a carbon credit company was disqualified as a director by the High Court for 15 years. Young Erumuse was the director of the London Carbon Credit Company Limited, a company that sold carbon credits to retail investors. Andrew Penman wrote about Erumuse’s carbon credits … read more

REDD-Monitor first wrote about MH Carbon in January 2013. At the time the company was selling carbon credits to retail investors. Since then, the company has gone into liquidation – first voluntary, then compulsory. MH Carbon was one of a web of companies that was wound up in the High … read more

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. Jon Austin, a journalist … read more

A 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 … read more

Among the services that a company called Kession Capital provides is to “Lend our FCA permissions to new and existing firms”. These new and existing firms are “appointed representatives” of Kession Capital. REDD-Monitor wrote about Kession Capital in passing in July 2015. Back then, one of Kession Capital’s appointed representatives … read more

Capital Alternatives was part of large network of companies that sold investments in hotels, carbon credits, agricultural land, Voice over Internet Protocol, timber, diamonds, gold, platinum, or water bonds. REDD-Monitor has written about the companies and some of the people behind them on several occasions. In March 2015, the World … read more

On 3 February 2016, the High Court in London ordered 19 companies into liquidation, following an investigation by the Insolvency Agency. One of the companies is CNI (UK) Ltd, whose director Edward Carlton had previously worked as “Head of UK Operations” at Carbon Neutral Investments. REDD-Monitor first wrote about Carbon … read more

A company claiming to be called “Blackrock Commodities” is cold calling people who have been scammed into buying carbon credits as investments. “Blackrock Commodities” claims to be able to sell the carbon credits for £5 to a Swedish company called Asio Capital. All you have to do is pay an … read more

In February 2016, the High Court in London ordered 19 companies into liquidation. One of the companies was CNI (UK) Ltd, one of three companies that emerged in 2013 from the ashes of Carbon Neutral Investments, a company involved in selling carbon credits to retail investors. The Insolvency Service also … read more

Last week, REDD-Monitor wrote a post about Opus Capital, a company previously known as Carbon Neutral Investments. The company’s director, Paul Seakens, has featured several times on REDD-Monitor. Carbon Neutral Investments sold carbon offsets to companies to make them “carbon neutral”. The company also provided “clearing and settlement services” for … read more

Celestial Green Ventures is an Irish carbon trading company, registered in November 2010. In 2011, the company claimed to have carbon rights to 20 million hectares of Brazil’s rainforest. The company aimed to become the “leading global supplier of REDD carbon credits in the Voluntary Carbon Market”. In June 2011, … read more

This is a story about how a pensioner was scammed into buying carbon credits as an investment. Miriam contacted REDD-Monitor in August 2014, to ask whether her 4,000 carbon credits were worth anything. She told me that 360 Invest Group had persuaded her to buy the carbon credits and that … read more

Over the weekend, someone called Lee Hales contacted REDD-Monitor. Hayes wants to speak to investors who have been scammed into buying carbon credits as investments. I wouldn’t trust Hayes, or his company Prestige Investment Group Limited, as far as I could throw them. To start with, lets see what Lee … read more

Beta Commodities Limited was a boiler room operation that cold called retail investors and scammed them into buying carbon credits as investments. The company’s director James Michael Cable has now been disqualified as a director for 14 years. Beta Commodities, which traded as Alpha Commodities, was closed down in the … read more

Last week Carbon Pulse reported that the Public Prosecutor‘s Office in Frankfurt am Main and the German Federal Criminal Police have issued a “wanted poster” for three men suspected of being involved money laundering and tax evasion relating to the EU Emissions Trading System. Two of the men, Ashraf Muhammad … read more

Three weeks ago, REDD-Monitor wrote a post about three carbon credit fraud suspects who are wanted in Germany for tax evasion and money laundering. On Sunday, I received an email from “AS” at Salya Group accusing me of having “wrongfully written your blog” and requesting that the post is removed. … read more

In October 2014, REDD-Monitor wrote about Sterling and Bond, Voiptel International, and Velvet Assets. The companies were part of the Capital Alternatives network. The post received more than one hundred comments, some of which named the individuals involved in these and other related companies. Shortly after their names appeared, several … read more

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

RobertMarc Asante, founder of Magne Sante: “We are not a trivial group of individuals”

Goldberg Management: Or how to spot a recovery room scam

London Carbon Credit Company scammed people out of £1.7 million. Company director Young Erumuse disqualified for 15 years

MH Carbon update: Claims total more than £4 million

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

Vanguard Trading is running a recovery room scam

Something phishy from Kession Capital

“Notification of Defamatory Statements”: A letter from Ascendo Consulting about Titan Capital Markets, Paradigm Management Consulting, Aaron Wilson and Victor Godwin (AKA Falade)

Another 19 carbon credit boiler room scams bite the dust. Including (not before time) Carbon Neutral Investments

A company calling itself “Blackrock Commodities” is running a recovery room scam. Along with other companies calling themselves “Carter & Carter”, “Asio Capital”, and “Alexander Forbes”

Response from Thorn Medical: “We request that you immediately remove any mention of us from the article on your website”

Irish tax office moves to shut down Celestial Green Ventures

An email trail of a carbon credit scam. Featuring Carbon-ex, 360 Invest Group, Carbon-Expert, and Colemans-CTTS

Prestige Investment Group Limited: More red flags than a Chinese military parade

James Cable, director of Beta Commodities, disqualified for 14 years for selling carbon credits as an investment

Three carbon credit fraud suspects wanted in Germany for tax evasion and money laundering

Response from Salya Group: “Please could you kindly remove this link … with the upmost urgency”

Response from Nick Meade, ex-director of D&P Sites part of the Capital Alternatives network: “Libellous and defamatory comments”