Ed Nash/Altius Management to Pay $54k for Failing to Deliver

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.

Rumandapples Links
—————————————
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s