| Eco Business Management, a firm Money Observer has previously warned against doing business with, has been ordered to close by the High Court. The firm was ordered into liquidation after an investigation found it mis-sold wildly overpriced carbon credits to investors, using high-pressure sales tactics and misleading statements.
Although investors were falsely told they could receive returns of up to 82 per cent within six months to two years, in some cases their carbon credits were actually being retired (cancelled) without their knowledge. Investors pursuing the firm for news about their investments - including several people who spoke to Money Observer - were falsely told the firm had entered liquidation...............................................Full Article: Source
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