A Washington state court ruled against the defendant Ed Nash/Altius Management have been ordered that $54,851 be paid in civil fines, fees and restitution to backers the kickstarted campaign taking all the lovely chocolate, (well maybe not the chocolate), actual playing card game, and backer rewards which were never delivered.
Ferguson says,
“Washington state will not tolerate crowdfunding theft,” stated Ferguson in a press release announcing the ruling back in July. “If you accept money from consumers, and don’t follow through on your obligations, my office will hold you accountable.” The release then goes on to encourage people in similar situations to file complaints with their state’s attorney general.
This is a real black eye on crowdfunding in general and better verification should be taken place to prevent this course of action from happening as much as possible in the future.
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