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Carbon credit fraud firms closed
2013-11-06 08:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Press Association: More than a dozen companies that "preyed on older people" through carbon credit scams selling them as if they were shares or bonds, when they were worthless in that form have been closed by the industry's regulator. Nineteen firms that attracted investments of nearly 24m from more than 1,500 people by offering "worthless" carbon credits or certified emission reductions (CERs) were wound up by the Insolvency Service in the last 15 months. The consumer minister, Jo Swinson, said the...
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Category:Electronics and Electrical