A name for a type of scam that targets members of a specific demographic. Perpetrators may attempt to relate to or exploit characteristics common to the demographic. Targeted groups can include the elderly, ethnic groups, and religions. Perpetrators attempt to portray themselves as members of this group or people who can relate to the members of the group in order to gain trust and eventually money. Ponzi schemes and pyramid schemes are sometimes combined with affinity fraud.
Related information about affinity fraud:
- Affinity fraud - Wikipedia, the free encyclopedia
Affinity fraud includes investment frauds that prey upon members of identifiable groups, such as religious or ethnic communities, language minorities, the elderly, ...
- Investor Alert: Affinity Fraud
Sep 6, 2006 ... Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, ...
- Affinity fraud: Fleecing the flock | The Economist
Jan 28, 2012 ... WITH a nudge from their pastor, the 25000 members of the New Birth Missionary Baptist Church near Atlanta opened their hearts, and their ...
- Affinity Fraud
The U.S. Securities and Exchange Commission defines affinity fraud as follows:
- Affinity Fraud Definition | Investopedia
A type of investment scam in which a con artist targets members of an identifiable group based on things such as race, age, religion, etc. The fraudster either is, ...
- Let Us Prey Together As Affinity Fraud Hits Home - Forbes
Apr 16, 2012 ... Recent regulatory and criminal investigations have disclosed widespread affinity fraud that is targeting so-called affinity groups. Many of the ...
- Affinity fraud - Salt Lake Tribune
Sep 18, 2010 ... Unfortunately, it also is known for affinity fraud, the crime that occurs when friends , relatives or church members steal from each other through ...
- Affinity Fraud | Investor.gov
Affinity frauds target members of identifiable groups, such as the elderly, or religious or ethnic communities. The fraudsters involved in affinity scams often are ...