SEC Investor Bulletin: Affinity Fraud
The SEC has released an investor bulletin to help educate investors about affinity fraud, a type of investment scam that preys upon members of identifiable groups, such as religious or ethnic communities or the elderly. The bulletin is outlined as follows:
- What is Affinity Fraud?
- How Does Affinity Fraud Work?
- How to Avoid Affinity Fraud
- Recent Affinity Fraud Schemes
- What Should You Do if You Suspect Affinity Fraud?
- Additional Information
View bulletin in full here (links externally to SEC website).