Tag Archives: assistance

No Good Crowdfunding Deed

Is it “no good deed goes unpunished”? A New Jersey couple who had been helped by a homeless man set up a crowdfunding site for him. After raising more than $400,000, they gave Johnny Bobbitt some of the money. But … Continue reading

Posted in accredited investor, balance, Charity, checkbook, 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, technology | Tagged , , , , , , , , , , , , , | Leave a comment

Celebrity Shamed Into Shutting Crowdfunding Campaign

You don’t know him in the U.S., but they do in Australia. Jeans designer Dan Single was shamed into closing his crowdfunding plea by furious donors. Single apparently fell from the balcony of a hotel in Paris, breaking most of … Continue reading

Posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Investments, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Charitable Crowdfunding: Trust But Verify. But How?

Americans are an empathetic bunch as the recent GoFundMe campaign shows. But should they be more cautious? A person posting as “R.b. “Razor” Sheldon on behalf of Amber Boyd” started a crowdfunding campaign to benefit the family of the challenged … Continue reading

Posted in balance, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, discrepancies, fraud, Funding Portals, Legislative Intent, review, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Dad Arrested for Bank Robbery

Unhappy Father’s Day story and sad end to guy on crowdfunding website who was arrested for bank robbery. Bradley Wimmer, a single father of 3 in Virginia, had a GoFundMe campaign to raise money to help him become a physician … Continue reading

Posted in accredited investor, Banks, Charity, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Jobs, Legislative Intent, SEC, Small Business, VC | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Maryland Helps Entrepreneurs

The Maryland Technology Development Corp. (TEDCO) generated nearly $1 billion in economic contributions to the state’s economy last year. TEDCO’s efforts also generated 4,358 jobs, with an average salary of $74,700 — about $11,000 higher than the statewide average. A … Continue reading

Posted in Funding Portals, Legislative Intent, Small Business, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Whistleblower Job Update – $14 Million+

(This is an Update to the post of September 10, 2013.) The Securities and Exchange Commission announced yesterday that it has made the largest whistleblower award in its history (more than $14 million) to an unidentified whistleblower who “provided original … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding People Not Businesses

The Wall Street Journal reports today on two crowdfunding sites that let accredited investors invest in promising people. Upstart and Pave permit students to raise money to pay for school debt in exchange for paying “investors” a percentage of their … Continue reading

Posted in Charity, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Legislative Intent, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment