Beware the boiler room scam
The Financial Services Authority (FSA) has contacted 49,000 people to let them know they might be the targets of share fraud after receiving a list of potential victims in a boiler room scam.
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The Financial Services Authority (FSA) has contacted 49,000 people to let them know they might be the targets of share fraud after receiving a list of potential victims in a boiler room scam.
The FSA has launched Operation Dingo, writing to 38,000 investors who appear on a “suckers” list used by boiler room operations, to warn them on the risk of fraud.
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