Tag Archives: sob story

Crowdfund To Bury Dad

Is crowdfunding the best way to pay for a funeral? The New York Times covers this social phenomena now that the average cost of a funeral is about $10,000. 13% of GoFundMe campaigns were for burial costs in 2017 and … 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, fraud, Funding Portals, Legislative Intent, Small Business | Tagged , , , , , , , , , , , , , , , | Leave a comment

Question Charitable Crowdfunding

Americans are a generous people. But recent crowdfunding scams, particularly in the “charitable” arena show that perhaps this is too much of a good thing. An Outline article notes “The psychological root of crowdfunding campaigns for non-financial hardships stems from … Continue reading

Posted in balance, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding Platforms, discrepancies, fraud, Investments, Jobs, Legislative Intent, review, SEC | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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