Firms may try to sell carbon credit certificates or get investors to invest directly in a ‘green’ scheme or project that generates carbon credits as a return on their investment.
Carbon credits can be sold and traded legitimately and there are many reputable firms operating in this sector. However there is an increasing number of firms using dubious, high-pressure sales tactics and targeting vulnerable consumers.
More information can be found about different types of carbon credits and how the market developed from an investigation the FSA conducted in 2011- www.fsa.gov.uk.
• ActionFraud’s Website for Reporting Fraud and Internet crime www.actionfraud.police.uk
• National Fraud Intelligence Bureau www.nfib.police.uk
• Money Advice Service on Scams www.moneyadviceservice.org.uk/en/categories/scams-and-identity-theft