This crossword clue is for the definition: Con artists.
it’s A 11 letters crossword puzzle definition.
Next time, when searching for online help with your puzzle, try using the search term “Con artists crossword” or “Con artists crossword clue”. The possible answerss for Con artists are listed below.
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Possible Answers: FLEECERS.
Last seen on: LA Times Crossword 30 Dec 18, Sunday
Random information on the term “Con artists”:
In business, the term boiler room refers to an outbound call center selling questionable investments by telephone. It typically refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stocks, private placements or committing outright stock fraud. The term carries a negative connotation, and is often used to imply high-pressure sales tactics and, sometimes, poor working conditions.
The classic image of a boiler room is that it has an undisclosed relationship with the companies it promotes, or an undisclosed profit motive for promoting those companies.
Once the insider investors are in place, a boiler room promotes (via telephone calls to brokerage clients or spam email) these thinly traded stocks where there is no actual market. The brokers of the boiler room actually “create” a market by attracting buyers, whose demand for the stock drives up the price; this gives the owners of the company enough volume to sell their shares at a profit, a form of pump and dump operation where the original investors profit at the expense of the investors taken in by the boiler room operation.