Chinese carbon fraudsters lose appeal against jail time, ring leader still at large

Published 11:53 on October 29, 2019  /  Last updated at 23:49 on October 29, 2019  /  China, China's Offset Market, China's Pilot Markets, International, Voluntary Market  /  No Comments

Four people face prison sentences after losing a court appeal over their involvement in a carbon trading pyramid scheme in China, but the gang leader – who is said to have made $56.6 million from the scam – remains at large, state media reported Tuesday.

Four people face prison sentences after losing a court appeal over their involvement in a carbon trading pyramid scheme in China, but the gang leader – who is said to have made $56.6 million from the scam – remains at large, state media reported Tuesday.

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