affinity fraud การใช้

• Affinity fraud victims may be people swindled by members of the same church, ethnic group or profession.
• That type of swindle has become so prevalent, in fact, that the regulators have given it a name _ affinity fraud.
• The North American Securities Administrators Association, an organization of state officials, calls affinity fraud the second most common investment fraud in the country.
• Agencies such as the U . S . Securities and Exchange Commission have investigated and taken action against affinity frauds targeting a wide spectrum of groups.
• David Bayless, who runs the SEC's San Francisco office, said the incidence of such " affinity fraud " is way up.
• Affinity frauds can involve the targeting of any group of people who take pride in their shared characteristics, whether they are religious, ethnic, or professional.
• The U . S . Securities and Exchange Commission ( SEC ) filed a suit against Henry Jones and argued successfully that Jones was operating Tri Energy as an affinity fraud ponzi scheme.
• For example, they'll prey on your sense of association in so-called " affinity frauds " by infiltrating groups such as churches, clubs and even ethnic groups.
• While over 7, 000 " cars ", were to be " gifted " and transferred to new owners; no cars existed either and this was a case of affinity fraud targeting Evangelical and Charismatic Christians.
• Charisma and trust like Allen built up with women entrepreneurs are typical in affinity fraud, where victims let their guard down because the perpetrator is of the same religious or other background, the Corporation Commission's Knops said.
• "' Affinity fraud "'is a form of investment fraud in which the fraudster preys upon members of identifiable groups, such as religious or ethnic communities, language minorities, the elderly, or professional groups.
• The probes include nearly every type of investment scam, such as phony stock offerings, stock-price manipulation, affinity frauds that target specific ethnic or religious groups, and pyramid schemes in which funds from new investors are used to pay off promised returns to other investors.
• Legitimate corporate promissory notes are not usually sold to the public and some schemes are fraudulent . _ Prime bank schemes that promise investors risk-free, triple-digit returns on debt notes said to be guaranteed by the world's biggest banks . _ Affinity fraud investing schemes that target religious, ethnic and professional groups and are performed by members of the groups who use their common backgrounds to gain trust . _ _ _=
• The lawsuit " Securities and Exchange Commission v . Tri Energy, Inc ., H & J Energy Company, Inc ., Marina Investors Group, Inc ., Lowell Decker, Robert Jennings, Henry Jones, Arthur Simburg, Mildred Stultz, DJM, LLC, Financial MD, Inc ., Financial MD and Associates, Inc ., Daniel J . Merriman, Global Village Records, and La Vie D'Argent, as defendants, and R . P . J . Investment Group, Inc ., T . M . A . Investment Enterprises, Thomas Avery, and Wing NGA Lau, a / k / a Adrienne Lau, as relief defendants " in Case No . ED CV 05-00351 AG ( MANx ) ( C . D . California ) resulted in a judgement of $ 51 million against Tri Energy, Inc . and defendants Arthur Simburg and Robert Jennings for their role in a massive affinity fraud and Ponzi Scheme.
• Thus, while the Division filed a record number of cases and obtained unprecedented monetary relief, during this time it simultaneously successfully brought cases in a wide range of complex areas, including sophisticated mortgage products, such as CDOs, RMBS and asset-backed commercial paper implicated in the financial crisis; systemic insider trading by hedge funds and other market professionals; compliance failures and rules violations relating to market structure participants such as stock exchanges and alternative trading platforms such as  dark pools;  account intrusion and illegal trading through  layering and other manipulative trading strategies; conflicts of interest, valuations and side-pocket arrangements involving investment advisers; corruption of foreign officials by U . S . public companies; complicated accounting and financial statement fraud; pay-to-play schemes and nondisclosure of pension liabilities in connection with municipal securities offerings; misconduct by private investment funds in the offering and sale of pre-IPO shares; and complex offering and affinity frauds.