Beware of Boiler Room Share Scam
Date Added: Thursday, May 1st, 2008The BBC has revealed a frightening share scam from ‘Boiler Rooms’ based in Spain and other countries.
Boiler rooms are where slick telesales people make their calls from in an attempt to sell shares in non existent companies, effectively taking money from unsuspecting individuals and providing a share certificate that is absolutely worthless.
The BBC state:
‘Boiler rooms […]