boiler room


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boiler room

A room in which one or more steam or hot-water boilers and associated equipment are located.
References in periodicals archive ?
Jigsaw is also planning to bring Gilles Peterson's producer Benji B who is famous for his Deviation show on 1Xtra to The Boiler Room in July.
* Inspect the boiler room for oil or water leaks; Examine the oil level in the air compressor or gear housing and fill if necessary with the correct lubricating oil.
Much of the press surrounding Boiler Room stresses the film's verisimilitude, its willingness to represent the sleazy details of, as a New York Times critic put it, "the hard-sell ethos of buying and selling, lying and cheating." Many of the movie's reviews note that Younger himself was once recruited by a "boiler room" stock-selling operation and that he spent a long time interviewing brokers at those disreputable firms that hawk shares in unlisted or phony companies (such outfits are estimated to make up about 1 percent of all brokerage firms).
The Insolvency Service report contains detail that reveals all you need to know about boiler room scams: 60% of the money paid by investors vanished straight into the pockets of the crooks making the cold calls.
The regulator has telephoned or written to people whose details appear on the list, explaining the steps they can take to protect themselves from boiler room fraud, and telling them what they should do if they think they may already be a victim.
So called boiler room scams involve the illegal sale of shares in the UK that are overpriced, restricted for onward sale and have little or no resale value.
The flat below the boiler room was damaged by water from the fire engine pumps and a burst mains water pipe.
In the words of one of Boiler Room's lead characters: "Investing alone doesn't make you rich.
the choice of organization to carry out construction and installation works on the object: modernization of the boiler room with the replacement of inefficient boilers in ag.
City watchdog the Financial Services Authority is warning people to be wary of what are known as boiler room share scams after they uncovered a master list with names, addresses and telephone numbers of almost 50,000 potential victims.
A WELSHMAN was among seven people charged with conspiring to defraud in a series of "boiler room" share-trading scams, the Serious Fraud Office said yesterday.