Nottingham ‘boiler room’ scam gang made £3m
A “callous” gang that made £3m selling shares in fake companies bought luxury cars and holidays, police said.
They ran the so-called “boiler room” scam from Majorca to call potential UK investors, City of London Police said.
More than 100 people, many elderly or vulnerable, were conned, with one man handing over £74,000, the force said.