Fraudulent firms’ £3.5m carbon credit scams

The management teams of two companies running carbon credit scams have been banned from trading. The disqualifications follow an Insolvency Service investigation into their fraudulent selling of voluntary emission reductions (VERs), a type of carbon credit, to members of the public as an investment. Both companies lied about the nature of the VERs they were selling, which are intended to be retired by businesses or individuals to […]