After crowdfunding over $120 Million, UK video game developer Cloud Imperium Games has yet to deliver the promised Star Citizen video game.
Is it fraud or just plain incompetence?
A recent informal investigation notes that it’s more likely the latter, as management was inexperienced and had no detailed business plan as to how to accomplish a relatively ambitious project.
Although somewhat jargony for the general public, the report appears to conclude that while money poured in from fanboys/girls, the company tried to go one way and then changed course in mid-stream wasting funds and time.
Many donors have asked for and received refunds, but CIG continues to plug away with no game in sight.