Tag Archives: fraud

Hong Kong Democrats Crowdfund To Investigate Former CEO

The Democratic Party of Hong Kong is crowdfunding its “Wolf Hunting Action,” an investigation into the $50 million payment to Leung Chun-ying by UGL Limited, an Australian engineering firm, in conjunction with its takeover of DTZ Holdings, a UK-listed real … Continue reading

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81% of ICO’s May Be Scams

A recent study by the crypto-currency consulting firm Satis Group of initial coin offerings greater than $50 million has classified them as either a “scam,” “failed-pre-trading,” “gone dead-pre-trading,” “dwindling-trading,” “promising-trading,” or “successful-trading.” Their conclusion was “On the basis of the … Continue reading

Posted in accredited investor, balance, Banks, checkbook, Congress, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , | Leave a comment

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

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Crowdfunding NY Professor Sues Cambridge Analytica

Want to know what Cambridge Analytica knows about you? Then you may want to contribute to Prof. David Carroll’s crowdfunding campaign. He is a professor at the Parsons School of Design in New York and was the first US citizen … Continue reading

Posted in Charity, 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, Small Business, technology, unfair and deceptive practice, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Crypto Exchange Volume Being Falsified

“Slippage” is a measure of the liquidity of digital assets by selling $50,000 worth of each asset across various exchanges to see the effect of the sales on the price of the asset. It was used by crypto trader Sylvain … Continue reading

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

A Happy Crowdfunding Ending To A Disaster

Would you crowdfund a motorcycle helmet with an Augmented Reality display on the visor? Over 1,900 backers put up almost $2.5 million at $1,500 a pop, but only a handful of helmets were delivered and tech support vanished and the … Continue reading

Posted in accredited investor, 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, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

New Crowdfunding Disease

OMG, that poor person has #*%^& disease, let’s donate to her crowdfunding page. But wait, that poor person may be a faker. Taryn Harper Wright, a self proclaimed “hoax hunter,” has exposed “17 cases of suspected illness fraud in the last … Continue reading

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