The Financial Services and Markets Authority (FSMA) has just issued a warning against the irregular activities of Saga Nagoya Securities….
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Tag: boiler room
Individual jailed over boiler room scam
UK financial regulator the FCA has announced that Michael Nascimento was today sentenced to 11 years’ imprisonment for his role…
Read MoreOperators of binary options trading boiler room convicted and sentenced
Following an ASIC investigation, Jana Jaros and Jackson Laurence Malcolm Capper were convicted and sentenced for operating a financial services…
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SEC announces charges in telemarketing boiler room scheme
The Securities and Exchange Commission (SEC) announced that has brought fraud charges against 13 individuals allegedly involved in two Long…
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FCA warns on clone firm of Rothschild Private Wealth
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Rothschild Private Wealth. Fraudsters are using…
Read MoreBelgium’s FSMA adds more boiler rooms, recovery rooms to Warning List
Belgium’s Financial Services and Markets Authority (FSMA) today warned the public against the activities of various “boiler rooms” and “recovery…
Read MoreUK court orders boiler room fraudsters to pay £11 million in compensation
Southwark Crown Court today ordered convicted fraudsters Jeffrey Revell-Reade and Anthony May to pay a total of £11, 001,000 in…
Read MoreLondon police arrest mastermind behind fraudulent binary options broker Base2Trade
Detectives from the City of London Police this morning arrested the suspected mastermind of Base2Trade, a binary options broker that…
Read MoreBeware of the boiler rooms! Eight fraudulent firms give the hard sell
Belgium’s Financial Services and Markets Authority has issued a collective warning regarding eight unlicensed entities which are using forceful sales tactics to dupe clients out of their investments
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