Crowdfunding has been around for a while now, and truth be told, they have been really helped a lot of people out of some really unfortunate jams and done lots of good for the world in other ways.

Sites like Kickstarter, IndieGogo, GoFundMe, Fundly and others have helped bring numerous innovative new products to market and allowed families in need to raise much needed cash for critical surgeries, emergency housing after devastating fires and countless other legitimate needs.

But unfortunately the emergence of crowdfunding has also made it much easier for scammers to take advantage of kind-hearted and generous people on a massive scale.  [Read more…]