FBI raids NYC 'boiler room' broker

The FBI said Wednesday it has raided a Manhattan "boiler room" brokerage with links to the mob. Agents arrested several people Wednesday at an office building on West 36th Street. The FBI said one of the suspects was a member of the Bonanno organized crime family. Authorities said the illicit brokerage was artificially inflating the value of a stock in a company with misleading sales pitches ...