This type of fraud is targeted at legitimate investors including companies and individuals. It is widely characterised by large scale and high pressure sales of investment opportunities to members of the public.
Victims are usually targeted through a cold call and offered the opportunity to invest in shares or other commodities with the promise of high returns which are then not forthcoming. The opportunities which the victims invest in are usually heavily overpriced or worthless and in the most serious cases, they do not even exist. Individuals can be recruited into the employment of such boiler rooms without the knowledge that the products being offered are worthless and could in due course find themselves accused of fraud. Those who produce sales literature on behalf of such companies can also find themselves under the spotlight. Similarly, the investigating authorities may wrongly target a completely legitimate sales enterprise based upon a complete misunderstanding of the products being offered.
Operating nationwide from our bases in the City of London and central Manchester Cunninghams are leaders in defending those accused of serious fraud and complex crime and are consistently ranked as a leading practice in these fields in all guides to the UK legal profession. Specialising in this work for over 30 years has resulted in an enviable network of experts, forensic accountants, QC’s and senior barristers to draw upon as we tailor our clients bespoke defence team
All our serious casework is led by a director with who you will have direct contact. If you are being investigated or have been charged with boiler room fraud it is important not to delay. Contact us and you will receive immediate expert advice from an experienced fraud defence lawyer.