Fact #161 EnforcementNumbers

Firstprison sentences for a carbon credit boiler room, UK, April 2013

A British Columbia securities regulator froze a $1 million wire to Switzerland in 2010; two men were arrested a month later and in 2013 got eight and four and a half years for a $9 million carbon credit boiler room.

The City of London Police described it as the first jail sentences for a carbon credit fraud.

Source: REDD-Monitor, by Chris Lang. Read more: carbon credit fraud · case file

Sources

  1. Green collar crime: Prison sentences for two men behind a UK carbon credit boiler room scam. REDD-Monitor, by Chris Lang. Accessed 2026-10-28.