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Dubai carbon credit firm accused of being a Ponzi scheme

2013-06-11 14:43:00| Climate Ark Climate Change & Global Warming Newsfeed

International Adviser: Advanced Global Trading, a Dubai-based company selling voluntary carbon credits to retail investors, has been accused of being either a boiler room scam or Ponzi scheme by a website which writes about emissions and deforestation. The article is written by Chris Lang founder of the website Redd-Monitor.org, which provides "news, views and analysis about reduced emissions from deforestation and forest degradation'. Carbon credits, of which there are two types -- voluntary emission reductions...

Tags: credit firm scheme carbon

 

Eurozone's rescue scheme challenged

2013-06-11 12:27:42| BBC News | Business | UK Edition

The promise by the European Central Bank to do "whatever it takes" to save the euro is being challenged in Germany's top court.

Tags: scheme rescue challenged rescue scheme

 
 

Apple to start iPhone trade-in scheme at shops - report

2013-06-07 09:14:00| Telecompaper Headlines

(Telecompaper) Apple is starting an iPhone trade-in programme this month aimed at getting users to upgrade to the iPhone 5 and turn in older models, people with knowledge of the plans told Bloomberg. Apple has teamed up with distributor Brightstar to run the scheme; Brightstar also handles trade-ins for AT&T and T-Mobile USA, as well as other carriers and device makers. The scheme is expected to provide a boost to Apple's sales growth, which has been slowing in recent quarters. AT&T currently offers as much as USD 200 for working iPhone 4s and 4Ss, which could let some customers buy an entry-level iPhone 5 with no initial payment. Analysts estimate that as many as 20 percent of US consumers buying a smartphone this year will do so via a trade-in programme. Apple is expected to refurbish the older models it receives and sell these on in emerging markets where consumers are interested in cheaper devices. Apple already runs a trade-in programme on its website, but the new service will only be available at Apple's retail outlets, letting consumers receive payments instantly, the report said. Apple also worked with Brightstar to help AT&T and T-Mobile with their recent trade-in promotions.

Tags: start report shops apple

 

Petaluma man faces 135 counts in Ponzi scheme

2013-06-05 19:52:21| Real Estate - Topix.net

A judge has determined there is sufficient evidence to try a Petaluma real estate agent in connection with an alleged Ponzi scheme that prosecutors say bilked more than $20 million from mostly elderly investors.

Tags: man scheme faces counts

 

Former chief information officer in Atlanta indicted in kickback scheme

2013-06-05 17:10:00| American School & University

Since leaving Atlanta, Jerome Oberlton has worked in the Baltimore and Dallas school systems. Schoolhouse Beat read more

Tags: information chief officer atlanta

 

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