Boiler Room Fraud
Boiler room scams use teams of trained, high-pressure salespeople to cold-call victims and sell worthless or wildly overpriced shares, bonds, and investments. Despite being well-known, they still cost UK savers tens of millions every year.
£200m+
Estimated annual UK losses to boiler-room fraud
Hours
Typical pressure window before "the offer expires"
4.8 ★
Trustpilot rating
Secure
Encrypted case vault
Overview
Boiler room scams use teams of trained, high-pressure salespeople to cold-call victims and sell worthless or wildly overpriced shares, bonds, and investments. Despite being well-known, they still cost UK savers tens of millions every year.
Warning Signs to Watch For
- • An unsolicited cold call or email offering an investment
- • High-pressure sales tactics and "limited window" deadlines
- • Glossy brochures arriving by post or email after the call
- • Investment in obscure overseas shares, mini-bonds, wine, or commodities
- • A firm not on the FCA register or claiming to be "FCA exempt"
- • Refusal to send written information before payment
How Boiler Rooms Operate
Boiler rooms run from call centres often based abroad, working from leads bought on the dark web. Trained closers build rapport over weeks, gradually escalating the pitch from "information" to "opportunity" to "limited allocation". Successful victims are passed up the chain to senior closers who push for ever-larger sums.
Why Recovery Is Possible
The bank that received your payment had duties to check the merchant against fraud lists. The FCA may have published warnings about the firm. The directors may be identifiable. Each of these creates a recovery route, and we pursue all of them in parallel.
Our Approach
Identify
We map the firm and any connected entities or directors behind the boiler room.
Trace
We follow your payments through banks and intermediaries.
Pursue
We file regulatory complaints, FOS escalations, and civil action against identifiable directors.
Recover
We secure recovery via the receiving bank, FSCS, or civil judgment.