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California Department of Corporations and Coalition of Korean American Community Leaders to Address Potential Partnership to Combat Investment and Lender Fraud.


On Wednesday, May 25, 2005, an alliance of state officials and Korean American Korean Americans (Korean: 한국계 미국인, Hanja: 韓國系美國人, hangukgye migugin) are Americans of Korean descent.  community leaders will be available for interviews after their meeting on abusive investment and lending schemes affecting community members in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, .

Corporations' initial focus will be in the greater Los Angeles area The Greater Los Angeles Area, or the Southland, is the agglomeration of urbanized area around the city of Los Angeles, California, United States. There are two "official" definitions—the Los Angeles metropolitan area consisting only of the Los Angeles and Orange , a location where investor and consumer education is critical to combat affinity fraud affinity fraud

Investment scams that target members of identifiable groups, including elderly, ethnic, professional, and religious groups. Perpetrators of affinity fraud are often either members of the targeted group or individuals who enlist the assistance
, investment scams that prey upon members of ethnic or religious communities, the elderly, or professional groups.

The meeting will provide the opportunity for partners to discuss outreach and education to Korean American community members about the risk and rewards in investing and finances, and Corporations' enforcement of state laws to protect the public from fraud.

The event will include California Corporations Acting Commissioner Wayne Strumpfer; Office of the Governor Deputy District Director Alexander Kim; U.S. Representative Ed Royce Edward Randall "Ed" Royce (born October 12, 1951), an American politician, has been a Republican member of the United States House of Representatives since 1993, representing the heavily Republican 40th District of California (map) in northern Orange County, including portions of  (40th District) District Representative Young O. Kim; Korean American Federation of Los Angeles Chairman Sang Yun Kang; Korean American Coalition President Charles Kim; Los Angeles Police Department "LAPD" and "L.A.P.D." redirect here. For other uses, see LAPD (disambiguation).

This article or section is written like an .
 former Commander Paul Kim; Korean American CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  Association President Won Chul Kim; Korean American Insurance & Financial Professional Association President Sunny Kwon; Korean American Grocery Association President Ki Young Lee; Korean American Federation of Los Angeles President Yong Tae Lee; Korean American Bar Association President-Elect Ekwan Rhow; and Korean American Chamber of Commerce President Gu Hyun Shin.
A[micro]   MEDIA AVAILABILITY: California Department of Corporations
                        320 West 4th Street, Suite 750, 7th Floor
                        Conference Room
                        (between No. Broadway & Hill Street)
                        Los Angeles, CA 90013

                        (Parking available at Athena Parking at corner
                        of 4th Street & Hill Street)

A[micro]   WHEN:               2:00 p.m.-2:30 p.m., Wednesday, May 25, 2005
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 24, 2005
Words:275
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