Second forest carbon investment fraudster handed extended UK jail sentence for failing to repay £10 mln
A second member of a gang of Oxbridge-educated forest carbon investment fraudsters has been handed another decade in a British jail for failing to repay £10 million in ill-gotten gains.
Read MoreBritish man disqualified for £7m carbon trading tax evasion
A British man has received a maximum 15-year disqualified order for his role in a £7 million tax fraud involving emissions allowances.
Read MoreFour more banned by UK government over VER investment scams
Four more UK-based men have been penalised by the British government for selling illiquid voluntary carbon credits at inflated prices as investments.
Read MoreTrio behind £3 million VER scam banned by UK court
The UK High Court has disqualified three men from being directors for at least 14 years each over their involvement in a voluntary carbon credit scheme that cost investors nearly £3 million.
Read MoreWorld Bank eyes Jan. 2017 for modified third PAF auction
The World Bank is aiming to hold the third auction under its Pilot Auction Facility (PAF) in Jan. 2017, it said on Thursday, highlighting a few changes from the previous sales.
Read MoreWorld Bank to target N2O projects in third PAF auction
The World Bank will target N2O projects via its third auction under its Pilot Auction Facility (PAF), the date of which has yet to be announced, according to details published on the institution’s website late on Tuesday.
Read MoreCarbon seller disqualified by UK govt over £13M in investment scams
A 38-year old man has been disqualified by the British government for fleecing investors out of at least £13.3 million through a number of “alternative investment scams”, including one selling carbon credits.
Read MoreDirector trio barred in UK over African cookstove swindle
Three men have been disqualified from acting as directors in the UK over their role in what they claimed was a Gold Standard-certified investment scheme involving the distribution of clean cookstoves in Africa.
Read MoreTrio behind French carbon “crime of the century” jailed for 23 years
Three men were sentenced by a Paris court on Thursday to a combined 23 years in prison for their role in orchestrating €283 million in tax fraud through the EU carbon market, in a case dubbed France’s “crime of the century”.
Read MoreUK company director banned for selling illiquid VERs at inflated prices
The director of a London-based carbon credit company that was wound up by the government in 2014 has been disqualified for selling illiquid voluntary units (VERs) at inflated prices.
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