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Cold-calling |
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Cold-calling Calling potential new customers in the hope of selling stocks, bonds or other financial products and receiving commissions. |
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| The scam, which dates back to at least 2004, involved the defendants allegedly cold-calling consumers to promise them gift cards, movie passes, gasoline vouchers and shopping sprees at the discount department store and Home Depot. Many private equity groups search out potential investments--essentially cold-calling companies that might fit their scheme. Realizing Northern Ontario's economic pie is only so big, he started offering his services to small southern Ontario businesses by cold-calling them. |
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