Carbon-Credit Sellers Say Investments Were Legit, Jury Told
Law360, London (May 3, 2019, 8:42 PM BST) -- Eight men accused of running a carbon-emission credits scheme that conned investors out of £7 million ($9.2 million) told investigators that they believed their business dealings were legitimate, a London jury heard Friday during the second day of the fraud trial.
Jane Osborne of 2 Harcourt Buildings, representing the Crown Prosecution Service, told jurors that the eight men would not be presenting opening trial statements and outlined their stated defenses instead.
When interviewed by investigators, all of the defendants came with lawyers and several refused to speak about their roles in the carbon-credit investment scheme, she said, adding that the prosecution...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!