Fact #162 NumbersTactics

£5.26 to £6.50price per carbon credit charged, when the real price was 25p to 30p

London brokers charged older homeowners £5.26 to £6.50 per carbon credit in 2012 when evidence put the real trading price at 25p to 30p, and said there was no secondary market.

The 130 victims lost £1.5 million, and the case's main defendant got eight years.

Source: Financial Planning Today. Read more: carbon credit fraud · case file

Sources

  1. Fraudster gets 8 year sentence for role in £2.4m carbon credit con. Financial Planning Today. Accessed 2026-10-28.