Sentences with phrase «boiler room scams»
These scams are called «boiler room scams» because of the pressure put on clients to invest and the chain of calls received from apparently more and more senior salespeople.
https://www.moneysmart.gov.au/
It can be found everywhere from boiler room scam artist's, to some guy you met at the coffee shop the other day, even past trusted brokers and executives have been involved in forex scams.
The start of a nine - part series on my worst investment mistakes, beginning with a boiler room scam, undue pessimism from macroeconomic forecasts, and Caldor (spit, spit).
In the late 1980s, I fell prey to a boiler room scam.
Not exact matches
Many of the government's largest sting operations come from busting up cross-state Ponzi schemes, «affinity» investment scams (which prey on the elderly or on particular ethnic or religious groups), and penny - stock boiler rooms, like the infamous Stratton Oakmont and Sterling Foster.
Firms facing enquiry from the FCA regarding unauthorised business allegations, promotion of Unauthorised Collective Investment Schemes (UCIS), boiler rooms, illegal deposit taking, pension liberation, land banking or alleged investment scams.