The Alabama Securities Commission Warns of Scams that Target the Faithful!
Affinity Fraud is an investment scam that preys upon members of identifiable groups, which include churches, the elderly, ethnic groups, and professional groups.
The con artists, who perform affinity fraud, commonly are a part of the group they are trying to scam. They will work hard to gain leadership positions or often get respected leaders to join them in the effort to sway more people to the fraudulent investment.
WAYS TO AVOID BECOMING A VICTIM OF AFFINITY FRAUD
- Beware of investment opportunities which promise great returns to church or other group members quickly and in this lifetime.
- Be skeptical of any investment that is not fully documented in writing.
- Check out everything before you invest!
CONTACT THE ALABAMA SECURITIES COMMISSION FOR INQUIRIES REGARDING SECURITIES BROKER-DEALERS, AGENTS, INVESTMENT ADVISORS, INVESTMENT ADVISOR REPRESENTATIVES, FINANCIAL PLANNERS, AND THE REGISTRATION STATUS OF SECURITIES, TO REPORT SUSPECTED FRAUD OR OBTAIN CONSUMER INFORMATION.
Call 1-800-222-1253 or Email to firstname.lastname@example.org