High-Tech Shell Game. Christopher Carey.
by Carey, Christopher; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2005Article 36Business. Publisher: St. Louis Post-Dispatch, 2004ISSN: 1522-3191;.Subject(s): Actions and defenses | Boiler room scams | Computers -- Investment use | Deregulation | Electronic commerce | Identity theft | Internet fraud | Investments -- Foreign | NASDAQ | Securities fraud | Stock exchanges | Stockbrokers | United States Securities and Exchange Commission | Web sitesDDC classification: 050 Summary: "Just as the U.S. manufacturing and technology industries have gone offshore in search of lower costs and looser operating restrictions, so has the stock fraud industry. The Internet has added a new twist, allowing boiler rooms to create impressive virtual storefronts. Advanced telecommunications also aid in their deception, routing calls, faxes and voice mail from answering services in Hong Kong, Tokyo and other business capitals to their true headquarters in less visible locations." (ST. LOUIS POST-DISPATCH) This article discusses the growth of the illegal boiler room industry as technology has given rise to the cyber-stock criminal.| Item type | Current location | Call number | Status | Date due |
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| REF SIRS 2005 Business Article 34 Federal Lawsuit Targets Electronic Gambling Devices. | REF SIRS 2005 Business Article 34 Slot Makers Always Building Bigger Bells, Better Whistles to Lure.... | REF SIRS 2005 Business Article 35 Tales of the Unexpected. | REF SIRS 2005 Business Article 36 High-Tech Shell Game. | REF SIRS 2005 Business Article 36 Foreign Investors See Red over 3-D Firm with Local Ties. | REF SIRS 2005 Business Article 36 SEC Chief Asserts Agency Can Tackle High-Tech Fraud. | REF SIRS 2005 Business Article 37 American Poverty. |
Articles Contained in SIRS Enduring Issues 2005.
Originally Published: High-Tech Shell Game, June 13, 2004; pp. A1+.
"Just as the U.S. manufacturing and technology industries have gone offshore in search of lower costs and looser operating restrictions, so has the stock fraud industry. The Internet has added a new twist, allowing boiler rooms to create impressive virtual storefronts. Advanced telecommunications also aid in their deception, routing calls, faxes and voice mail from answering services in Hong Kong, Tokyo and other business capitals to their true headquarters in less visible locations." (ST. LOUIS POST-DISPATCH) This article discusses the growth of the illegal boiler room industry as technology has given rise to the cyber-stock criminal.
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