French court jails 12 carbon fraudsters, with 36 more to face trial

Published 02:22 on September 14, 2017  /  Last updated at 21:56 on May 23, 2018  /  Bavardage, EMEA, EU ETS  /  No Comments

A Paris court on Wednesday sentenced 12 people to prison for their part in a €146-million tax fraud and money laundering ring that profited through the EU carbon market, while a related €385-million case involving 36 people advanced in the south of France.

A Paris court on Wednesday sentenced 12 people to prison for their part in a €146-million tax fraud and money laundering ring that profited through the EU carbon market, while a related €385-million case involving 36 people advanced in the south of France.

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