Affinity frauds target members of identifiable groups, such as clubs, associations, or even religious communities; exploiting the trust and friendship that exists in groups of people. Affinity scams are often perpetrated by people who are, or represent themselves to be, members of the group.
Leaders in the group may be recruited by the scammer to spread the word about the scheme. Many times, those leaders become unwitting victims of the fraud they helped to promote. Affinity fraudsters count on the fact that the tight-knit structure of these groups often encourages victims to try to work things out within the group, rather than notify authorities or pursue legal remedies.
Affinity scams often involve Pyramid or Ponzi Schemes here new investor money is used to pay earlier investors, making it appear as if the investment is successful and legitimate.
If you believe you have been victimized by affinity fraud or wish to report suspicious activity, please file a report here.