Tag Archives: kickscammed

Crowdfunding Has Its Bad Apples

Proving that crowdfunding is a worldwide phenomena is this article from the Malaysian website that bemoans how crowdfunding is becoming an arena for scoundrels. Abuses include begging for money to buy booze, sneakers and breast implants. Other problems include outright … Continue reading

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

Who Is Responsible for Crowdfunding Scams?

Under SEC rules, disclosures to investors must be true and correct, but what about crowdfunding? The Wall Street Journal points out that some crowdfunding campaigns aren’t quite there yet. For example, Ritot failed to disclose that it was located in … Continue reading

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