Dutch Regulator warns individuals found on boiler room ‘sucker lists’

Dutch watchdog AFM warned 2,500 Dutch individuals that their names appear on a boiler room’s potential client list. The list was seized during an international criminal investigation in Marbella in March 2020. The Dutch Police started the investigation over two years ago after a total of 40 people reported they had been conned out of a combined €6m by boiler rooms operating under such company names as FX-CI, Global Trading Investment Group, or Power Capital Financial Trading.