The Federal Trade Commission has now taken legal action against a crowdfunder for failing to refund consumers their money and for using the funds on personal expenses. This is the FTC’s first case involving crowdfunding, and could signal a future where crowdfunding campaigners are held accountable for misusing funds.
Crowdfunders, the FTC is Watching You
Posted by sannwood under StartupsFrom http://smallbiztrends.com 3221 days ago
Made Hot by: NolanGreen on June 29, 2015 1:28 pm
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Comments
3217 days ago
Scammers will be dealt by a legal entity called the court system.
One thing with a crowdfunding campaign is that if you back it, you can't be sure that you will receive a finished product. I am involved in 4 campaigns at the moment, and I look forward to see the "daylight" of the products! ;)
With that said, I have no clue if Erik Chevalier is a scammer or not... It is a bit ironic that the name of the board game is, The Doom That Came To Atlantic City!