Tag Archives: celebrities

Initial Coin Offering Promoters Arrested

Civil AND criminal charges have resulted in the arrest of Sohrab “Sam” Sharma and Robert Farkas, co-founders of Centra Tech. Inc., who, according to the SEC, “masterminded a fraudulent ICO in which Centra offered and sold unregistered investments through a … Continue reading

Posted in accredited investor, balance, 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, penalty, review, SEC, Small Business, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Yucky Crowdfunding Rewards

What do a money clip, old sneakers, a hug, a chair and a shirt have in common? Aside from the “ughhh” factor, they are all rewards that have been promised by celebrities in their hunt for free money in their … Continue reading

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

Hijacking Crowd Funding or Sour Grapes?

Who is more at fault for success? Crazy question, but it’s being asked by the “creative class” who are upset that Hollywood stars are “hijacking” Kickstarter to finance their feature film (vanity) projects. In the opinion piece attached, Zach Braff … Continue reading

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