Carbon Credit Trading Scams are something that many people are not familiar with. A carbon credit is a certificate representing the right amount of carbon dioxide that can be emitted. These credits can often be traded for money and many investors have reportedly started taking advantage of the situation thus leading to the rise of the carbon credit trading scams. First Option Recovery details you as to how these scams take place and what to do if you have been a victim of one.
Before we get into Carbon Credit Trading Scams, lets know a little bit about First Option Recovery. We are the best in the field of fund recovery and without a doubt, you can consider us to be the best fund recovery group in the world. With a team of over 128+ attorneys, lawyers and legal advisors, we are always there to guide you into taking the right decision when it comes to recovering your funds from any type of scams like crypto scams or binary options scams that you have been a part of. We have recovered over $19 million over our 10 years of being in the business and our 92% success rate is reminiscent of the fact that how dedicated we are at our craft.
How do Carbon Credit Trading Scams work?
Traders usually are called seemingly unprovoked, but calls may also come by e-mail, post, word of mouth or at a seminar or event. You may become offered carbon credit score certificates, voluntary emission reductions (VERs), certified emission reductions (CERs) or a chance to invest directly inside a ‘green’ scheme or project of which generates carbon credit as solid return for a good investment.
Carbon credits and VER certificates are frequently ‘certified’, but this specific accreditation is voluntary and involves a wide range of bodies and different quality standards of which are not accepted by any UK compensation scheme. The particular scam may state carbon credits are ‘the new big thing’ in commodity trading, that industrial sectors will have to off-set their emissions, of which the government is focusing on eco-friendly developments or of which it’s an increasing market.
But investors have reported these people can’t sell or perhaps trade their carbon dioxide credits and have lost anything they’ve invested.Even though an FCA-authorised firm is involved in typically the sale of carbon credit (acting as the custodian or nominee, opening a merchant account together with a carbon credit score registry to keep the credits about behalf of buyers or the salesperson claims the breaks are offered by the supplier authorized simply by us), you could have zero right to compensation if something does not go right.
Projects creating carbon credits are generally dependent overseas so often the British authorities have no way of controlling the quality or quality of the schemes. You should seriously consider searching for financial advice or perhaps guidance before investment. You should make sure that any kind of firm you manage is regulated by us and never ever take investment suggestions from the business that contacted you, as this may be an area of the carbon credit trading scams.
What to do if you have been a victim of Carbon Credit Trading Scams?
If you have been a victim of the Carbon Credit Trading Scams, then the best thing that you can do is contact us at First Option Recovery. Owing to our amazing team of the best recovery specialists in the business, we can say that we are the best fund recovery group in the world right now. You have already read about how good we are at our crafts and all you need to know is that the number don’t lie. 10 years of experience and millions recovered is something that speaks about how good we are at our work. What we can say is that, instead of contacting anyone like the police or registering a complaint at the FBI where they will take ages to read your complaint, what you can do is contact First Option Recovery and we are going to help you recover your funds within 120 days.