Affinity Fraud: Affinity fraud occurs when a dishonest person plays on your affiliation with a group — such as a house of worship, social club, support group, charity, or veterans’ group — as a way to win your confidence in order to sell you something worthless or trick you into handing over cash. The scammer may actually be a member of the group or may just pretend to be. Affinity fraud is one the most difficult scams to protect yourself against because being suspicious of colleagues can undermine the reason you belong to a group.

 

Related Words

Affinity Fraud: Affinity fraud occurs when a dishonest person plays on your affiliation with a group — such as a house of worship, social club, support group, charity, or veterans’ group — as a way to win y . . . View Full Definition

Fraud: Any form of deceit, trickery, breach of confidence or misrepresentation by which one party attempts to gain some unfair or dishonest advantage over another. Unlike negligence, fraud is a dec . . . View Full Definition

Statute Of Frauds: State law that requires certain contracts to be in writing and signed by the party to be charged (or held) to the agreement in order to be legally enforceable.

Electron Affinity: The enthalpy change for the addition of one electron to an atom or ion in the gaseous state. For example, the electron affinity of hydrogen is deltah in the reaction H(g) + e- rightarrow H-( . . . View Full Definition