Affinity Fraud

Business, Legal & Accounting Glossary

Definition: Affinity Fraud


Affinity Fraud


Full Definition of Affinity Fraud


A name for a type of scam that targets members of a specific demographic. Perpetrators may attempt to relate to or exploit characteristics common to the demographic. Targeted groups can include the elderly, ethnic groups, and religions. Perpetrators attempt to portray themselves as members of this group or people who can relate to the members of the group in order to gain trust and eventually money. Ponzi schemes and pyramid schemes are sometimes combined with affinity fraud.


Cite Term


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Page URL
https://payrollheaven.com/define/affinity-fraud/
Modern Language Association (MLA):
Affinity Fraud. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2021 https://payrollheaven.com/define/affinity-fraud/.
Chicago Manual of Style (CMS):
Affinity Fraud. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/affinity-fraud/ (accessed: November 30, 2021).
American Psychological Association (APA):
Affinity Fraud. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/affinity-fraud/

Definition Sources


Definitions for Affinity Fraud are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.