Dozens of preexisting Chinese oilfield projects falsely claimed as new won German approval. Satellite images prove facilities built in 2019 despite 2020 start dates. German Environment Agency issued credits without site visits relying on private auditors. At least 16 of 66 projects likely fraudulent all linked to Beijing Karbon consultancy. Big oil firms like Shell Exxon Total and BP bought the scam credits. Verbio lost money on Xinjiang project sold as saving 120000 tons of carbon. Auditing firms Müller-BBM Cert Verico SCE and TÜV Rheinland handled most projects now raided for fraud. Industry insiders accuse auditors of colluding with Beijing Karbon. Agency president admits only 3 staff lack capacity to check projects. Program shut down after exposing billion-euro scam since 2020. Credits targeted fossil fuel firms to meet German climate goals. Projects recycled flared gas but were ineligible old installations. Beijing Karbon founder ex-government energy official built scam network. Verbio exec suspects German insiders enabled professional fraud. Prosecutors investigate auditors for joint commercial fraud. Agency suspends 45 projects and seeks to rescind credits.