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Home > QFINANCE Dictionary > Definition of boiler room fraud

Definition of

boiler room fraud


illegal selling of worthless stock the illegal practice of calling people and pressing them to buy worthless stock in companies that do not exist or are virtually bankrupt

Definitions of ’boiler room fraud’ and meaning of ’boiler room fraud’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’boiler room fraud’ and other financial terms with our online QFINANCE Financial Dictionary.

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