Feds Take Action Against Crowdfunding Fraud
July 6, 2015 at 6:00 am

The Federal Trade Commission has landed hard on the Kickstarter crowdfunding platform. It may be just what the doctor ordered to protect people donating to odd and sundry products and companies pitched on Kickstarter, Indiegogo and others. In the world of crowdfunding, the mechanisms of consumer protection are pretty thin. While crowdfunding platforms assert a…

Somebody Launched a Crowdfunding Campaign for Greece's 1.6 Billion Euro Debt
July 1, 2015 at 7:00 am

Go big or go home, right? That seems to be the mantra at the Greek Bailout Fund page on crowdfunding site Indiegogo. The campaign, started by a 29-year-old Brit named Thom Feeney, popped up two days ago, seemingly as a good-natured (if tongue-in-cheek) way to lend a hand to Greece, which yesterday announced it was unable to make its scheduled 1.8-billion-euro International Monetary Fund loan payment. "All this dithering over Greece is getting boring," reads the campaign's mission statement.