BURN Manufacturing - A Kenyan cookstove company that has sold roughly four-point-four million stoves
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In the final week of October 2024, federal prosecutors in lower Manhattan unsealed an indictment against Kenneth Newcombe, the former chief executive of C-Quest Capital, accusing him of orchestrating one of the largest carbon-credit frauds in modern history. The charges alleged that across Africa and Asia, his company had been fabricating data on cookstoves that, in reality, were never installed, never used, or never delivered the emissions cuts they had been paid for.
