Tag Archives: fraud

Medical Crowdfunding Scams Proliferate

Some folks think that the medical crowdfunding scam (i.e., fraud) is a result of a psychological problem called “factitious disorder,” which at its extreme is illustrated by Munchausen by proxy (where a caregiver purposely causes another, usually a child, to … Continue reading

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Company Claims To Insure Vs. Crowdfunding Fraud

There’s a company that claims to be insuring donors against crowdfunding fraud. It’s website says that: “If a campaign you back turns out to be fraudulent, [they] will refund each dollar you lost.” The premium is cheap, $10 for 1 … Continue reading

Posted in accredited investor, balance, Broker dealers, checkbook, Consumer Financial Protection Bureau, 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, SEC, Small Business, technology, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

BBB Helps Donors Parse Crowdfunders

The Better Business Bureau has some tips to avoid being scammed by crowdfunding appeals. The best way to determine if it’s a fraud is if you know the person that is making the appeal. Also, do some quick diligence such … Continue reading

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

Bad Crowdfunding Ideas

So, aside from outright fraud, there are a multitude of crowdfunding campaigns that are just a bad idea, stupid or wrong. Huffpost Australia has cataloged a few, including: the woman who asked for money to finance her US Green Card … 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, discrepancies, Film, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ransomware Crowdfunding Scam: BEWARE!

BEWARE of a new ransomware that is “crowdfunding” bitcoins, claiming to be a charity. The The so-called “Global Poverty Aid Agency” is a group of theives masquerading as a non-profit and encrypting computer files thinly disguised as a non-profit trying … Continue reading

Posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Legislative Intent, SEC, Small Business, technology, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Charity Crowdfunding Portal Working Around-The-Clock To Stop Fraudsters

GoFundMe, a charity crowdfunding portal, says that it has taken down “a handful” of fraudulent campaigns seeking money for victims of the Manchester, United Kingdom bombing. One such false campaign was put up by a guy “Mike Collins” for his … Continue reading

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

The Crowd Investigating Trump Inauguration Funding

Questions are being raised by the crowd about the reporting of, and the donations to, the Trump inauguration. Started by the Huffington Post, the Citizen Sleuth Project, a crowdsourcing network of volunteers, has built a spreadsheet of Trump’s inauguration donors. … Continue reading

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