Tag Archives: larceny

Who Owns Crowdfunded Donations?

Query: Who owns crowdfunding monies raised? Raymond had cancer and his family needed help with the bills from the removal of his tumor. So, a family member started a crowdfunding campaign for him on GoFundMe and raised $22,000 from caring … 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, discrepancies, fraud, Investments, Jobs, Legislative Intent, review, SEC, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , | Leave a comment

One Person Crowdfunding Fraud Patrol

As feared by regulators, the crowdfunding scene has attracted various fraudsters. The website GoFraudMe says: “When it comes to crowdfunding fraud, a few themes seem to be popular with would-be profiteers:catastrophic medical issues (cancer is extra popular with fraudsters);personal disaster … 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, Investments, Jobs, Legislative Intent, review, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment