The FSA has realised that its strongest tool in the fight
against boiler room fraud is to raise awareness of the fraud.
The firms should immediately report the suspected boiler room to the FSA and the COLP, consider a press release to distance itself from the boiler room, seek interim injunctions
against the boiler room for «passing off», and formally request the internet service providers, hosting the mirror image website, to suspend it.
Not exact matches
or Freddy's rusted blades scraping
against the pipes in the
boiler room?
Our team has successfully advised and represented clients
against fraud offences including
boiler room fraud, tax and VAT fraud, commodities and currency fraud, advance fee fraud and insurance fraud.
The FSA may also pursue civil proceedings
against those involved in
boiler room frauds.
There is a strong culture in the office whereby the team look out for one another and work in conjunction to one another rather than
against each other in a
boiler room environment.