Tag Archives: investigation

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

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

Crowdfunding Set Up For French Presidential Candidate Who Can’t Save

When it rains, it pours, especially on French presidential candidate Francois Fillon. Fillon was the front runner in the coming elections until he was accused of putting his wife and kids on his Parliamentary payroll for ghost jobs. Then, he … Continue reading

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

Reporter Unearths Crowdfunding Scam

A Geektime reporter does a bit of due diligence and determines that the AurumCoin crowdfunding campaign is a scam. Some evidence that the plea for money is not credible: the appeal to the greed and doomsday factor; no rewards for … Continue reading

Posted in accredited investor, Broker dealers, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, discrepancies, fraud, Funding Portals, Investments, Legislative Intent, SEC, Small Business, technology, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Funding Portal To Emphasize Diligence

Most crowdfunding portals do not vet their offerings. Now, the self-proclaimed ShadowFoundr says that it will ensure “all opportunities placed on their platform go through stringent due diligence, undertaken not only by themselves, but also via their network of private … Continue reading

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

Regulators/Portals Investigating More Crowdfunding Campaigns

The Louisiana Attorney General is working with the trust and security team at GoFundMe to be on the lookout for fraudulent crowdfunding campaigns in the wake of the recent flooding there. The Hill reports:”GoFundMe has a team in place to … Continue reading

Posted in accredited investor, Broker dealers, 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, SEC, Small Business, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment