Shysters come in all shapes, sizes, religious affiliations, professions and ethnicities—that's what Keith Woodwell, director of the Utah Division of Securities, told the sentencing commission on Dec.

Ponzi schemes and affinity fraud frequently overlap because both exploit trust and social interactions to operate effectively. A Ponzi scheme relies on a continuous stream of new investors to pay ...

The alleged scheme is an example of what investigators call affinity fraud, where groups are targeted because of factors such as their religious beliefs, age or ethnic origin. Indiana Secretary of ...

As readers of this Blog know, we have written about many types of fraud over the years, such as affinity fraud, common law fraud, fraud in the inducement, fraudulent concealment, and securities fraud.