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Affinity Fraud: Understanding the Risks and Protecting Yourself

  • Posted on September 20, 2022April 30, 2023 by David Rosen
  • Business Psychology
  • At its core, Affinity Fraud is an investment scam where fraudsters exploit trust and personal connections to defraud victims. It is a highly effective tactic, as people trust others in their social, ethnic communities, religious, professional groups, or cultural circles. Fraudsters use this trust to build relationships and gain the confidence of their victims, who then invest their money in fraudulent schemes. How Does Affinity Fraud Work? Affinity Fraud typically...

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