Summary
BRITISH investors are facing an onslaught from crooked peddlers of worthless shares operating out of so-called "boiler rooms" in inaccessible locations overseas.
City watchdog the Financial Services Authority today warned that the latest con from unauthorised investment firms is to sell mostly worthless shares in unquoted UK companies at vastly inflated prices to unsuspecting buyers.See the full content of this document
Extract
'Boiler Room' Crooks Turn to Britain
They also scoop fees of up...
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