Fraud & Scams

Affinity Fraud

Definition

What is Affinity Fraud?

A scam that exploits trust within a religious, professional, ethnic, or social group.

Example in practice

The promoter uses community relationships to discourage independent verification.

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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