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Share and bond scams are often run from ‘boiler rooms’ where fraudsters cold-call investors offering them worthless, overpriced or even non-existent shares or bonds.Boiler rooms use increasingly sophisticated tactics to approach investors, offering to buy or sell shares in a way that will bring a huge return.The Live Rooms officially opened in October 2013 with a packed-out show featuring The View.We recommend that all our users opt for the Flash-version of the chat (currently in use).Scammers may even copy the website of an authorised firm, making subtle changes such as the phone number.FCA-authorised firms are unlikely to contact you out of the blue with an offer to buy or sell shares or bonds.

Always be wary if you’re contacted out of the blue, pressured to invest quickly or promised returns that sound too good to be true.You will often be told that you need to make a quick decision or miss out on the deal.The scammers might also try to sell you shares or bonds in a company that doesn’t exist.But victims are often left out of pocket – sometimes losing all of their savings or even their family home.Even seasoned investors have been caught out, with the biggest individual loss recorded by the police being £6m.We have advanced from the basic text chatting that became popular during the rise of the internet, to webcam chats and audio chat rooms, that allow you to see and hear others on the site.The Live Rooms is Chester’s newest and largest independent live music venue and nightclub.Share and bond fraud usually comes out of the blue, with scammers cold-calling investors after taking their phone number from publicly available shareholder lists.The high-pressure sales tactics can also come by email, post, word of mouth or at a seminar.Messages that the user sends will be prepended with the user name and messages from the other user will be prepended with their nickname.To see specific information about the user's status or encryption, hover the mouse over the icons for a few seconds.


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