![AI Outsmarts Fraudsters: Boiler Rooms Busted](https://www.acamstoday.org/wp-content/uploads/2024/09/110-BOILER-ROOMS-230x290.png)
AI Outsmarts Fraudsters: Boiler Rooms Busted
Boiler room fraud, wherein brokers employ tactics such as cold calling, pump-and-dump schemes, advance-fee fraud and high-pressure sales tactics to sell stocks of questionable value over the phone, rose to prominence in the 1990s and has lurked in the shadows of the world of commerce...