Tagged: scams

October 18, 2015 @ 5:09 pm By JD Alois  |  

The US Department of Treasury, via its FinCen or Financial Crimes Enforcement Network, is ringing warning bells when it comes to rewards based crowdfunding. FinCen notes a rise in “suspicious activity reports” (SARs). In a report published this past week, FinCen spotlighted rewards based crowdfunding… Read More

February 27, 2015 @ 2:02 pm By Samantha Hurst  |  

As crowdfunding continues to gain more popularity, the Connecticut Better Business Bureau (BBB) has warned backers to be careful when it comes to funding projects. In an effort to avoid scams, the bureau stated on its website backers should do diligent research before helping fund a new… Read More

October 17, 2014 @ 2:45 pm By Samantha Hurst  |  

As consumers continue to search for the truth behind the deadly Ebola virus, including cures and projects dedicated to Texas nurses Amber Vinson and Nina Pham, the Better Business Bureau (BBB) has revealed that are more scams continuing to surface.  As previously reported, the city of… Read More

June 14, 2013 @ 3:35 pm By Charles Luzar  |  

The team behind the crowdfunding campaign for the Kickstarted documentary may have helped catch the largest Kickstarter fraud in history just in the nick of time, and literally quite by accident. Correction: Maybe not THE largest… The team explains in a recent blog post… A… Read More

December 14, 2012 @ 9:07 pm By JD Alois  |  

Consumers Lose Millions to Scammers and Ponzi Schemes; New Effort Combines Education, Local Outreach WASHINGTON — Better Business Bureau and the FINRA Investor Education Foundation today launched a new consumer website, BBB Smart Investing, which is designed to help investors make smarter investing decisions while avoiding… Read More