Page last updated at 10:05 GMT, Wednesday, 19 May 2010 11:05 UK

38,000 people in fraud warning

Advertisement

38,000 people are to be warned that they're on a hit list for share fraudsters.

The Financial Services Authority has found the biggest ever master list handed round by teams of bogus dealers who bombard people with calls to try to sell them worthless investments.

The scam operations, nicknamed "boiler rooms", make millions of pounds from unsuspecting investors.

Simon Gompertz reports.

SEE ALSO

Story Tools

BBC iD

Sign in

BBC navigation

Copyright © 2017 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific