Tag Archives: jail

Crowdfunding To Release US Student From Chinese Jail

Montanans (Montanians?) are crowdfunding today to raise $8,000 in order to free a University student from a Chinese jail. Guthrie McLean was arrested Sunday in Zhengzhou, a small town about 500 miles southwest of Beijing. “He’s accused of attacking and … Continue reading

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

Sudanese Journalist Released From Jail By Crowdfunding

What’s really cool about crowdfunding is how it’s taken off in all directions – not only all over the world but for all sorts of things. Further that, a Sudanese journalist who was jailed because she refused to cooperate with … Continue reading

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

Crowdfunding Site To Raise Bail Shuttered

The crowdfunding site JustGiving has shut down the campaign for Creighton basketball star Maurice Watson, Jr. that was started by his mother to help raise the $75,000 bail bond premium (10%) to get Watson out of jail. Watson is being … Continue reading

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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

Problems With Charity Crowdfunding Sites

There is growing concern that some of the “charity” crowdfunding sites are being used by unscrupulous posters who start campaigns for victims but fraudulently keep the funds. Critics blame the web portals for not vetting the posters sufficiently, but the … Continue reading

Posted in accredited investor, Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, unfair and deceptive practice, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

What Can’t You Crowdfund?

What can’t you crowdfund? Different funding portals have different terms of service. So, it behooves you to read up first before you post. On Kickstarter, you can’t raise funds for charity or an investment or offer an corn seed with … Continue reading

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The Cop Is On the Beat

The SEC’s Enforcement Division released its stats for its 2014 fiscal year, noting its use of “data and analytical tools.” Highlighting their “successful” year, the Division “filed a record 755 enforcement actions covering a wide range of misconduct, and obtained … Continue reading

Posted in Broker dealers, 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