affinity scam

Investor Alert: Affinity Fraud

Affinity scams are frauds that rely on affinity groups in order to perpetuate themselves, hence the name. Affinity groups are groups of people, from small to very large groups, who are affiliated based on a common interest or identity. Examples of large affinity groups include religious groups and racial minorities, ethnic groups, law enforcement personnel, members of a country club, or an alumni network.