Africa > UPDATE – US regulators charge former CQC boss Newcombe, executives with fraud in landmark VCM case

UPDATE – US regulators charge former CQC boss Newcombe, executives with fraud in landmark VCM case

Published 23:55 on October 2, 2024  /  Last updated at 01:27 on October 3, 2024  / /  Africa, Americas, Asia Pacific, Bavardage, EMEA, International, Middle East, Other APAC, South & Central, US, Voluntary

US authorities have charged Ken Newcombe, the former CEO of project developer CQC Impact Investors LLC (CQC), plus the company's ex-COO and a former managing director, with fraud, accusing them of submitting false and misleading information relating to the generation of voluntary carbon credits.
US authorities have charged Ken Newcombe, the former CEO of project developer CQC Impact Investors LLC (CQC), plus the company's ex-COO and a former managing director, with fraud, accusing them of submitting false and misleading information relating to the generation of voluntary carbon credits.


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