SCAMS

Invested In A Scam Project? That’s Not Kickstarter’s Problem

Invested In A Scam Project? That’s Not Kickstarter’s Problem

Kickstarter is a platform that lets artists and inventors go straight to consumers with their ideas, and let the marketplace decide which ones are worthy of becoming reality. Supporters pledge money, and if the project reaches its goal, the project is funded, and the creator receives the pledged money–minus Kickstarter’s 5% cut–to go off and create. But what happens when you’ve invested in a project that never comes to fruition? Jack squat, experts say. And Kickstarter’s own terms of use agree. [More]