Six are guilty of £2.7m boiler room scam

Three defendants have been found guilty for their roles in a series of boiler room investment scams which led to the loss of more than £2.7m of investors’ funds. 

Read more...

Police arrest man on suspicion of running Square Mile ‘boiler room’

City of London Police this week arrested a man in the City on suspicion of conspiracy to defraud and money laundering.

Read more...

Over 11,000 contact FCA to report a financial scam

The FCA said that over one in 10 of the 106,000 contacts it received from consumers last year were to report a financial scam and ask what the next steps were.

Read more...

Boiler room gang gets over 35 years in jail

The men behind a financial ‘boiler room’ investment-pushing operation that ripped off 193 mainly elderly and vulnerable victims - cheating them out of £7.5m - have been jailed for a total of 35.5 years following an investigation by the City of London Police fraud teams. 



Read more...
NEW FINANCIAL PLANNING TODAY JOBS 
Advertise your job vacancy with us and reach thousands of Financial Planners and Paraplanners. Post your job in minutes. 
Special Offer: 20% off your Featured Listing! - Quote FPJ20 and save nearly £70 
jobs.financialplanningtoday.co.uk/