Hollywood “boiler room” sold $2 million in fake precious metals; two arrested

Instead, the majority of the money obtained from investors is alleged to have been used to pay business expenses and for the personal benefit of Frade and Quinones. “Thanks to the effective partnership between the OFR and the Broward County State Attorney’s Office, these alleged criminals can no longer continue to target our nation’s senior citizens by attempting to separate them from their hard earned dollars,” said OFR Commissioner Drew J. Breakspear, in a news release.
For the original version including any supplementary images or video, visit http://www.miamiherald.com/2013/06/17/3456139/hollywood-boiler-room-sold-2-million.html

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