News

FCA wins court case against unregulated investment schemes

FCA wins court case against unregulated investment schemes The FCA has won a High Court case against two alternative investment schemes being promoted by a number of firms without authorisation. The FCA had launched legal action last July against the schemes, promoted by Capital Alternatives and several other companies (the full list is available here). The two schemes in question are African Land, which offered investments in rice farm harvests in Sierra Leone and Reforestation Projects (also known as Capital Carbon Credits), which offered investments in carbon credits intended to be generated from land in Sierra Leone, Brazil and Australia.… continue reading

February 18, 2014