Now That's a Boiler Room!

State officials have busted up a Canoga Park, California boiler room operation that stole at least $2.3 million from desperate homeowners on the verge of foreclosure. The sales floor at American Financial Group (aka Mason Capital Group) was decorated in a Las Vegas casino theme and workstations set up like craps tables. According to the arrest warrant, telemarketers earned a spin for cash bonuses on a roulette wheel based on their sales volume. The highest performing salesman was a convicted felon on probation for telemarketing abuse. More here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s