Tag Archives: financial fraud

Pirates’ Crowdfunding Shot Down

A bizarre crowdfunding campaign on GoFundMe was apparently taken down for alleged fraud. Administrators of KickAss Torrents, a website devoted to permitting fans to illegally copy and download music and movies that was shut down by Homeland Security in July … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fine, fraud, Funding Portals, Investments, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Is SEC Slacking Off on Punishments?

Is the former prosecutor chairing the SEC too easy on financial book cookers? That’s the claim of Commissioner Luis Aguilar, who, said that he’s concerned that corporate execs are getting off too easily. For example, in the case of Affiliated … Continue reading

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

Right Up There With Perpetual Motion Machines

I just heard about this company that has developed, tested and patented an operational “plasma engine” fueled by abundant and inexpensive noble gases (such as helium), which they claim is non-polluting and has unlimited uses to generate electricity in homes, … Continue reading

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

Crowdfunding Fraud

“Send Yo Money!” and other of the now over 9,000 crowd funding websites are drawing increasing scrutiny from state securities regulators who are currently prosecuting crowd funding fraud even though crowd funding is not yet legal under the Crowd Fund … Continue reading

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