Category Archives: Funding Portals

Crowdfunding For Buggy Whips

Will the crowd support any idea? Like buggy whips, video stores have been relegated to the dustbin of history, and yet, one in Florida is crowdfunding so you can still have access to “Song of the South, Krampus, Life of … Continue reading

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Celebrities Help In Crowdfunding

So, here’s a feel good crowdfunding story. A quadriplegic young lady who is a huge fan of rapper Kendrick Lamar, and has attended every one of his local concerts, started a GoFundMe campaign so she could afford to buy an … Continue reading

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Medical Crowdfunding Scams Proliferate

Some folks think that the medical crowdfunding scam (i.e., fraud) is a result of a psychological problem called “factitious disorder,” which at its extreme is illustrated by Munchausen by proxy (where a caregiver purposely causes another, usually a child, to … Continue reading

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Crowdfunding Comes With Tax Issues

Bad news, crowdfunders. Tax professionals are saying that the Internal Revenue Service (and probably your friendly State tax collector) believe that all moneys you receive from crowdfunding is taxable income. Guess what? That DVD reward, it’s considered a “sale” and … Continue reading

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Sudanese Journalist Released From Jail By Crowdfunding

What’s really cool about crowdfunding is how it’s taken off in all directions – not only all over the world but for all sorts of things. Further that, a Sudanese journalist who was jailed because she refused to cooperate with … Continue reading

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Company Claims To Insure Vs. Crowdfunding Fraud

There’s a company that claims to be insuring donors against crowdfunding fraud. It’s website says that: “If a campaign you back turns out to be fraudulent, [they] will refund each dollar you lost.” The premium is cheap, $10 for 1 … Continue reading

Posted in accredited investor, balance, Broker dealers, checkbook, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Initial Coin Crowdfundings Raking in Cash

The Wall Street Journal reports that initial coin offerings have raised more than $1 billion in what could be called crowdfunding or private placement efforts. Although some of these offerings are trying hard not to be securities offerings, they quack … Continue reading

Posted in accredited investor, balance, Banking, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment