Tag Archives: booze

Fortune 500 Company Uses Crowdfunding Gimmick

Crowdfunding is now a gimmick for mass marketers who want to get in on the action. Diageo, a huge liquor conglomerate, reported net sales of £12.1 billion and operating profit of £3.6 billion as of June 30, 2017, is now … Continue reading

Posted in accredited investor, balance, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Fraud Is Funny

This must be the ultimate FU to crowdfunding donors: 3 guys who crowdfunded more than $70,000 to make a movie, then blew it on luxury goods, trips and women. And filmed it. Actually, that’s the plotline of “It’s All Good” … Continue reading

Posted in accredited investor, Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Film, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Has Its Bad Apples

Proving that crowdfunding is a worldwide phenomena is this article from the Malaysian website that bemoans how crowdfunding is becoming an arena for scoundrels. Abuses include begging for money to buy booze, sneakers and breast implants. Other problems include outright … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, fine, fraud, Funding Portals, Investments, Jobs, Legislative Intent, Small Business, technology, unfair and deceptive practice, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment