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What are boiler room companies?
Their calls are usually from firms located out of state. The firms work out of large rooms with rows of phones, staffed by solicitors trained to repeat a deceptive sales pitch.
Sometimes they send you an enticing or official-looking letter or postcard in the mail urging you to call them.
Often “900” numbers are used, so you’ll be billed just for calling them, even if you decide not to purchase anything.