Nine convicted in £70m boiler room fraud

Scam believed to be largest boiler room fraud pursued by a UK authority.

Two men have been convicted for their roles in a £70m boiler room fraud, believed to be the largest case of its kind pursued by a UK authority.

This brings to nine the number of people convicted in relation to the scam as following an investigation by the Serious Fraud Office the convictions last year of seven others can only now be fully reported.