Crowdfunded Microbrewer Disappears Into The Mist

The Kansas City Star has outed Wilderness Brewing, a Kickstarter crowdfunded microbrewery for allegedly disappearing with donor money.

It’s two owners raised over $40,000 six years ago to open the beer factory and have failed to do so and have failed to communicate why.

In the meantime, four other microbreweries have opened in the area.

The paper says: “Their last Twitter post came in late April 2013. The brewery’s Twitter bio link goes to a website in a foreign language.” And, of course,the owners haven’t been available for comment.

The Kansas Attorney General’s Office says that no one has filed a complaint.

http://www.kansascity.com/news/business/biz-columns-blogs/cityscape/article169754857.html

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, balance, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business and tagged , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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