Fraud & Scams

Advance-Fee Fraud

Definition

What is Advance-Fee Fraud?

A fraud requiring an upfront payment for a promised investment, payout, loan, or recovery that never materialises.

Example in practice

The victim pays a processing fee for nonexistent investment proceeds.

Keep learning

A fraud that pays earlier participants using money from newer participants rather than genuine investment profits.

A scheme that rewards recruitment more than genuine product sales or investment activity.

Manipulating an asset upward through misleading promotion before selling into the inflated demand.

A person or firm that executes securities transactions for clients.

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