Duo found guilty of defrauding 2,000 investors in £37m green investment scam


Two former directors of an ethical investment scheme were convicted at a London court on Tuesday of defrauding investors out of £37m through the promotion of a Brazilian forestry scheme. In a statement by the Serious Fraud on 31 May, it said an SFO investigation, conducted with assistance from partner agencies across the globe, revealed…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

In New Orleans housing market, deals are still scarce but ‘some of the frenzy has died down’
Winter in Europe Looms as Next Challenge for Energy Availability
Squeezed out: Housing crisis looms large over the West
Crowded campsites, high demand cause fights, ‘camp pirates’
In 2 Separate Suits, NGOs Sue European Commission Over Green Investment Label