{"id":4424,"date":"2007-05-20T18:43:28","date_gmt":"2007-05-20T18:43:28","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/05\/financial_institutions_includi"},"modified":"2021-09-20T15:41:28","modified_gmt":"2021-09-20T20:41:28","slug":"financial-institutions-includi","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/financial-institutions-includi\/","title":{"rendered":"Wachovia is Among the Financial Institutions Accused of Assisting Scam Artists To Bilk Seniors"},"content":{"rendered":"<p>\t\t\t\tFor decades, telemarkers in &#8220;boiler rooms&#8221; have bilked the elderly by convincing touting them to buy investments which supposedly pay high rates of return or have fabulous growth potential. <\/p>\n<p>Now thieves operating in small offices in Canada and warehouses in India work day and night targeting elderly Americans.  Working from lists of names and phone numbers, they call War veterans, retired schoolteachers and thousands of other elderly Americans and posed as government and insurance workers updating their files. <\/p>\n<p>Then, the criminals empty their victims&#8217; bank accounts! <\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/financial-institutions-includi\/\"  title=\"Continue Reading Wachovia is Among the Financial Institutions Accused of Assisting Scam Artists To Bilk Seniors\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>For decades, telemarkers in &#8220;boiler rooms&#8221; have bilked the elderly by convincing touting them to buy investments which supposedly pay high rates of return or have fabulous growth potential. Now thieves operating in small offices in Canada and warehouses in India work day and night targeting elderly Americans. Working from lists of names and phone [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3790,3803,3821],"tags":[],"class_list":["post-4424","post","type-post","status-publish","format-standard","hentry","category-crime","category-senior-investors","category-wachovia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wachovia is Among the Financial Institutions Accused of Assisting Scam Artists To Bilk Seniors &#8212; Investor Lawyers Blog &#8212; May 20, 2007<\/title>\n<meta name=\"description\" content=\"For decades, telemarkers in &quot;boiler rooms&quot; have bilked the elderly by convincing touting them to buy investments which supposedly pay high rates of return &#8212; May 20, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/financial-institutions-includi\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Wachovia is Among the Financial Institutions Accused of Assisting Scam Artists To Bilk Seniors &#8212; 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