US man pleads guilty to orchestrating carbon credit investor fraud

Published 18:33 on December 2, 2020  /  Last updated at 23:37 on December 2, 2020  /  Americas, Bavardage, Canada, International, US, Voluntary Market  /  No Comments

A Georgia man pleaded guilty in US federal court on Tuesday to defrauding seven individuals in a million-dollar carbon credit scandal, having told the victims their investments in non-existent offsets would be realised through California carbon allowance auctions.

A Georgia man pleaded guilty in US federal court on Tuesday to defrauding seven individuals in a million-dollar carbon credit scandal, having told the victims their investments in non-existent offsets would be realised through California carbon allowance auctions.

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