Tuesday, September 29, 2009

Undercover Boilerroom Buenos Aires

























Published
29 december 2006 Investors Chronicle: `How I cheated Investors` Cover story
11 january 2007 Times, Times 2 supplement "Hello, can I rip you off?" Lead story

Copyright: Financial Times Business Group, London UK






In 2006 I was living in Buenos Aires, working as free lance journalist. I accidentally ran into a boiler room operation and decided to do an undercover piece on it. It was first published in "Investors Chronicles" and then it was syndicated by The Times. This is the version that was published in The Times.

The Times
January 11, 2007
Times2

Hello, can I rip you off?
The offer seems inviting. You’re tipped off that shares, set to rise by 80 per cent, are available via a select German-based company. You buy, and then find they are genuine but worthless. Pieter De Vries spent a month undercover in the Buenos Aires ‘boiler room’ from where experienced British investors are routinely conned