Articles Posted in Affinity Fraud

There are many types of affinity fraud. An example of cultural affinity fraud is reflected by the below described litigation release issued by the Securities and Exchange Commission on December 22, 2010 in the case of Securities and Exchange Commission v. Amit V. Patel, Civil Action No. 0:10-cv-04937 (D. Minn.) In the release, the SEC…

South Florida, including Boca Raton, West Palm Beach, Stuart and Jupiter, Affinity Fraud and Misrepresentation , Especially in the Area of Elder Abuse, FINRA Arbitration and Litigation Attorney: Affinity Fraud: State securities regulators are warning investors, especially elder people, to be on guard against a rise in affinity group fraud. What is affinity fraud? It`s…

SEC Charges Three South Florida Residents With Operating A Multi-Million Dollar Ponzi Scheme And Affinity Fraud Targeting Haitian-Americans The Securities and Exchange Commission filed a civil injunctive action on October 16, 2009 against HomePals Investment Club, LLC and HomePals, LLC (together, “HomePals”), and their principals, Ronnie Eugene Bass, Jr., Abner Alabre and Brian J. Taglieri,…