Director disqualified over carbon credit investments

clock

A company director has been disqualified for a period of 14 years for inappropriately selling carbon credits as an investment, despite a warning from an investigative journalist.

Christopher James Thompson, a director of CT Carbon, cannot promote, manage, or be a director of a limited company until 2029. The disqualification follows investigation by the Official Receiver which uncovered that, between 2011 and 2012, CT Carbon made sales totalling £1.1m by cold calling members of the public to sell them voluntary emission reductions (VERs), charging as much as three-and-a-half times the price it had paid its supplier. After receiving a letter from an investigative journalist highlighting concerns regarding the favourable rates offered by CT Carbon, the performan...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Alec Cutler: The swinging pendulum of investor sentiment

Alec Cutler: The swinging pendulum of investor sentiment

Exploring how investors view the ever-changing energy market

Alec Cutler
clock 05 February 2025 • 4 min read
FCA to cut corporate bonds red tape to drive greater retail investor and wealth manager access

FCA to cut corporate bonds red tape to drive greater retail investor and wealth manager access

Move intended to boost UK growth

Linus Uhlig
clock 31 January 2025 • 2 min read
Partner Insight:  Future-proofing your business:  The case for investment outsourcing

Partner Insight: Future-proofing your business: The case for investment outsourcing

Schroders' Jamie Fowler and Philip Chandler explain why outsourcing is a proactive strategy that can transform your advisory business.

Schroders
clock 31 January 2025 • 2 min read