A whistleblower CEO claims his company supplied a site that was actually a chicken farm rather than an oilfield, highlighting fraudulent emission reduction projects.
'The whole documentation always looked very good and perfect,' Elek told Fortune. 'But if you took out something like the geo-coordinates, you ended up somewhere, sometimes in a lake, sometimes in a chicken farm.'
'Every project, it's on the front page, the geo-coordinates. So it was easy to just Google it and see what is there,' Elek said, shedding light on oversight.
Elek identified several companies with no real existence, claiming many were formed in 2022 without an address, raising serious concerns over project legitimacy.
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