Boiler Room Scam Favourite This topic contains 0 replies, has 1 voice, and was last updated by DBMarcos99 3 years, 11 months ago. Author Posts July 24, 2013 at 8:00 am #57711 DBMarcos99Participant The £85m ($130m) scam, a so-called boiler room fraud where unsuspecting investors hand over cash for worthless shares, was one of the biggest of its kind ever uncovered in the UK. http://news.sky.com/story/1119595/conmen-used-85m-fraud-cash-for-jets-and-cars Seems the perpetrators used hundreds of staff in call centres in Spain! The answer of course is NEVER to buy anything off anyone who cold calls you on the phone. Author Posts You must be logged in to reply to this topic.