$100M Vet Charity Scammer ‘Bobby Thompson’ who gave 85% cut to boiler rooms finally Gets 28 Years

Bobby Thompson was featured on an episode of ‘American Greed’. It reported that he used call centers who raised $100M and kept 85% of funds raised.

Let’s be clear that telemarketing vs boiler rooms call centers are not the same thing. Telemarketing firms used by Fortune 500 companies charge itemized monthly fees and may include some commission. They are far cheaper then boiler rooms. Boiler rooms do not charge any itemized fees and just commission. US National average is 50% of funds raised. The 85% reported in the TV episode is excessive even by boiler room standards.

http://abcnews.go.com/Blotter/navy-vet-scammer-bobby-thompson-28-years/story?id=21232519


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