Criminal Charges Announced Over Multi-Year Fraud Scheme in a Carbon Credits Market
This week the U.S. Attorney’s Office for the Southern District of New York unsealed charges over a “scheme to commit fraud” in carbon markets, which they say fraudulently netted one company “tens of millions of dollars” worth of credits — which led to “securing an investment of over $100 million.” MarketWatch reports: Ken Newcombe had … Read more