What is another word for AFFINITY FRAUD?

Pronunciation: [ɐfˈɪnɪti fɹˈɔːd] (IPA)

Affinity fraud refers to a type of scam where fraudsters target a group of people with common interests or connections, such as religious or ethnic groups, investment clubs, or social organizations. These scammers often utilize these connections to gain trust and then deceive their victims. Synonyms for affinity fraud include communal fraud, group fraud, and collective fraud. Such fraudsters can also be referred to as group scammers, communal scammers or even crowd scammers. It is essential to be cautious and verify any investment opportunities, especially when they come via a community or group you belong to. Always remember, if an investment opportunity seems too good to be true, it probably is.

Synonyms for Affinity fraud:

What are the hypernyms for Affinity fraud?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    financial fraud, investment fraud, Ponzi schemes, criminal fraud.

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