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 Elderly Brits scammed out of $70m in US share scam...

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Tommo Shanter
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Joined: 13 Jan 2006
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PostPosted: Fri Mar 14, 2008 7:54 am Reply with quoteBack to top

<br>Standard boiler room scam.

Sadly, it appears that most of the victims of this share scam are elderly and have probably been conned out of their life savings.

http://news.bbc.co.uk/1/hi/world/americas/7295536.stm

Once Scottish guy just interviewed this morning on BBC News 24 lost 27,000 ($54,000). when asked how he could invest so much on the strenghth of a phone call, he replied they were very persuasive and persistent. <sigh>

This looks like a massive operation with plenty more victims still to emerge and hopefully further arrests to come.

I hope these b*stards rot in jail and then in hell.

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lotta
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PostPosted: Fri Mar 14, 2008 5:03 pm Reply with quoteBack to top

As the other thread on the same topic has more than one post, I'll shut this one down.

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