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This is a new type of scam or con. According to the SEC: "Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. The fraudsters who promote affinity scams frequently are -- or pretend to be -- members of the group. They often enlist respected community or religious leaders from within the group to spread the word about the scheme, by convincing those people that a fraudulent investment is legitimate and worthwhile. Many times, those leaders become unwitting victims of the fraudster's ruse." See the complete SEC alert linked to the right.
What else can I help you with?
When was Affinity - Affinity album - created?
Affinity - Affinity album - was created in 1970.
What are some scams to avoid when investing online?
The main scams to avoid when investing online are Ponzi schemes, promissory notes, affinity fraud, senior investment fraud, and hidden costs in variable annuity investments. One must also beware unlicensed individuals selling securities.
What is affinity?
Affinity is close relationship.
When was Affinity Gaming created?
Affinity Gaming was created in 1987.
What element has no electron affinity?
Helium has no electron affinity.
Having an affinity for water?
Hydrophobic means to have an affinity for water.
A sentence using the word affinity?
Candace has an affinity for chocolate.
What is 'affinity' in Romanian?
The equivalent of affinity in the Romanian language is afinitate.
When was Certain Affinity created?
Certain Affinity was created in 2006.
What is the population of Certain Affinity?
The population of Certain Affinity is 60.
When was Affinity - film - created?
Affinity - film - was created in 2008.
What is the correct grammar when using affinity affinity to or affinity for?
Heigh ho. A generation ago, both were wrong, because back then the word was not a synonym for a tendency to something or a talent for it. Affinity meant natural personal attraction or relation by marriage, and so its preposition was usually "with" or "between."We now may have an affinity for something we do well or like, and an affinity with something that is like us.
