Showing posts with the label Affinity Fraud

Spotting Affinity Fraud | Spotlight on Affinity Fraud

3 minutes - Source: SEC q What is affinity fraud? Fraudsters who carry out affinity scams frequently are (or pretend to be) members of the group they are trying to defraud. The group could be a religious group, such as a particular denomination or church, or an ethnic group or immigrant community. It could be a racial minority. It could be members of a particular workforce — even members of the military have been targets of these frauds. Fraudsters target any group they think they can convince to trust them with the g