Sentences with phrase «based boiler room»

It isn't often you hear about the 5 - man shop with its own U.S - based boiler room operation taking things overseas.

Despite poor sales he allowed shares in his company to be sold, via Spanish - based boiler rooms using high - pressure telesales techniques, to UK investors.

Not exact matches

There's a moment near the beginning of The Wolf of Wall Street — Martin Scorsese's three - hour based - on - a-true-story romp through the excesses of a shady penny - stock boiler room in the»90s — when the swirling cameras and testosterone - fuelled hijinks pause for a split second and the grotesquery suddenly comes into focus.

Boiler Room, also loosely based on Belfort's exploits, follows a kid from Queens who decides to follow the «white - boy way of slinging crack - rock» and become a stockbroker.

Because it wasn't glorious enough to be the most coveted kitchen ceramics brand in the Bay Area, the overachievers at Sausalito - based Heath Ceramics recently added on The Boiler Room — an urban, Mission district space that's part gallery, part event venue, where the brand hosts social and cultural gatherings and exhibits for the public.

It helps that Boiler Room director Younger, making his first movie for 12 years, has the advantage of being based on a less well - known true life story (at least to those not versed in boxing lore), its dramatic twists subsequently packing a bit more surprise and punch.

On a weekly basis, Owens performed in various locations including the basement boiler room, rooftop, and attic.

In recent months, the gallery has collaborated with artists such as Björk's producer Arca, who played his first live show in the gallery, and techno DJ Evian Christ, as well as hosting nights by Boiler Room and the London - based label Blackest Ever Black.

Our team of fraud solicitors have acted on behalf of a number of professionals both on a legal aid and a private basis in cases ranging from computer / internet - related criminal offences and boiler room and mortgage frauds.

Boiler rooms are often based in Spain, Switzerland or the US and generally have small sales teams (a maximum of about 20 personnel) working together at sales desks.

Although the fact that boiler rooms tend to be based overseas is an inherent problem for prosecuting authorities, often convictions are secured by focusing on the UK link.

Boiler rooms often utilise UK - based companies and even professionals, such as solicitors and accountants, as a front to give an air of propriety.

Invariably boiler rooms do not seek authorisation and, as most are based outside the UK, the FSA is usually unable to take direct action to shut them down.

Sometimes offshore boiler rooms will use a UK company as an «escrow agent» and investors will be encouraged to take comfort in the fact that they are transferring their money to a UK company, wrongly believing that they are covered by statutory protections, while the UK - based company is in fact transferring substantial sums of their money to an overseas boiler room operator.

«The challenge is not only delivering value to clients, but helping clients make the connection that what happens with a technician managing a pump in the boiler room can have a direct impact on profit and loss in the boardroom,» says Trevor Foster, global director of management services for Dallas - based Trammell Crow Co..