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19/09/2010

Duration:
1 hour
First broadcast:
Sunday 19 September 2010

Adrian Goldberg reveals a new boom in 'boiler room' scams selling suspect shares, and speaks to unsuspecting victims conned out of tens of thousands of pounds.

As a result of low interest rates and poor investment opportunities through more formal channels, police say they seeing more cases being reported, as would-be investors are ripped-off for ever-increasing sums after being cold-called by sales staff.

The programme also gets the lowdown on the modus operandi of the criminals behind the hoax investments, as it hears from a former boiler room broker.

Email the programme: goldberg@bbc.co.uk.

  • Downturn sees 'boiler room' share scams make a comeback

    Downturn sees 'boiler room' share scams make a comeback

    Poor investment opportunities via banks and building societies has proved a boon for 'boiler room' share selling scams, as people seek higher returns for their money. Read Adrian Goldberg's article for BBC News online:

    Read the article
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    5 live Investigates

    Adrian Goldberg presents an entertaining mix of dirt-digging, debunking, and intriguing interviews…

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