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Kickstarter Crowdfunding Case Sends a Simple Message: Caveat Emptor

A board game project that never materialized amounted to deceptive promises on the part of its creator. The FTC has imposed a number of sanctions as a result. The case was the FTC’s first foray into crowdfunding, and its judgment shores up a critical message: Buyer beware. Ultimately, the case ended with a $111,793.71 judgment against Erik Chevalier, but he wont be required to pay due to financial hardship. While the ruling on this crowdfunding case looks like a victory for consumers, its moral and not monetary.”]

Source: https://securityintelligence.com/news/kickstarter-crowdfunding-case-sends-a-simple-message-caveat-emptor/

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