News
04 October 2024

Ex-carbon offsetting boss charged with multimillion-dollar fraud

Region:
Middle East & Africa, Americas, Asia-Pacific

A former carbon offsetting executive has been charged with fraud by US federal authorities, who allege that he helped to manipulate data from projects in rural Africa and Asia to fraudulently obtain carbon credits worth tens of millions of dollars.Kenneth Newcombe, former CEO of C-Quest Capital and...

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