Church Representative to Address Fraud College
Contributed By Courtesy of Newsroom
- 15 February 2012
A Church representative will speak on February 15, 2012, at the Fraud College, a Utah-based organization that promotes fraud awareness and education.
Michael Otterson, managing director of Public Affairs for The Church of Jesus Christ of Latter-day Saints, will address the importance of making all people, including members of religious organizations, aware of the dangers of affinity fraud.
Affinity fraud refers to investment scams that target members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. The fraudster often is—or pretends to be—a part of the group and convinces respected individuals in the group that an investment is legitimate. The perpetrator then enlists the aid of those individuals in getting others to invest.
While senior Church leaders have repeatedly warned against fraud, this is the first time a Church representative has spoken at the Fraud College.
The conference will take place from 8:00 a.m. to noon, mountain standard time, at the University of Utah.
For more information, visit http://www.fraudcollege.org/2011/11/register/
For more information on affinity fraud, see http://www.mormonnewsroom.org/official-statement/affinity-fraud