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7th Alleged Carbon Credit Scammer Charged Day Before Trial

Law360, London (April 29, 2019, 2:48 PM BST) -- The last of seven men accused of selling dodgy carbon credit investments to consumers pled not guilty Monday to two counts of conspiracy to defraud, the day before their trial gets under way at a crown court in London.

David Pierce was arraigned Monday morning at Southwark Crown Court, just before the start of jury selection. He and six other defendants were allegedly part of a scam, in which the Crown Prosecution Service claims they sold investments and dishonestly represented their value.

An eighth man is on trial for money laundering. They have all denied the crimes.

The fraud allegedly operated...

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