Beware Share Dealing Scam ; Detectives in Mid Devon Have Issued a Warning About a 'Boiler Room' Scam That Is Operating in Area.

Summary


Detectives in Mid Devon have issued a warning about a "boiler room" scam that is operating in area.

The scam sees a bogus stockbroker, usually based overseas, who cold-calls investors and pressures them into buying worthless shares.

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Extract


Beware Share Dealing Scam ; Detectives in Mid Devon Have Issued a Warning About a 'Boiler Room' Scam That Is Operating in Area.

A police spokesman said: "The fr...

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