After being shown evidence for fraud Indiegogo removes anti fraud guarantee - Page 1
Forum section: electronics / general

author: TommyGunn
author_rank: Contributor
timestamp: April 06, 2014, 04:04:44 am
content: http://pando.com/2014/04/03/after-pando-shows-clear-evidence-of-fraud-on-indiegogo-company-responds-by-deleting-anti-fraud-guarantee/so yeah, this actually happened. I really think they are the reputation and future of crowd funding.

author: CrosseyeJack
author_rank: Contributor
timestamp: April 06, 2014, 05:50:26 pm
content: They haven't actually removed their anti fraud guarantee. If you read the wording it was never there in the first place. It isn't like igg would refund users if there perks never showed up. The old wording basically said that their system would detectall fraudwhich could leave igg in a tight spot if lawyers ever got involved.The actual part that seems to "protect"users is still there.QuoteThough igg say (and always have) that its up to the users to take action against campaign owners, but the old wording could also mean that if something slipped though igg's check they have bascially said "Yup, this checks out" when igg couldn't possibly to that with every campaign that goes though the site.

author: Legion
author_rank: Frequent Contributor
timestamp: April 11, 2014, 04:25:10 pm
content: It's basically the same as Kickstarter's:Quote

author: 8086
author_rank: Super Contributor
timestamp: April 11, 2014, 04:27:05 pm
content: The naysayers re. crowfunding are the people that do not understand it. End of story.Indiegogo changed their terms from the impossible to the possible. That's a good thing. This story is being used as an example by those aforementioned ignorant people.

author: Bored@Work
author_rank: Super Contributor
timestamp: April 11, 2014, 05:05:31 pm
content: Quote from: 8086 on April 11, 2014, 04:27:05 pmNo, we are the people who have brains. We don't believe it is a good idea to hand our money over to some random potheads on the Internet with no guarantee at all to get the promised item in return. We also don't believe that the situation is improved by having a middleman in between, taking a significant share of the money, but otherwise giving a flying fart. Further, we don't believe it is a clever idea to promote the rise of a new type of breading ground for criminals.

author: 8086
author_rank: Super Contributor
timestamp: April 11, 2014, 05:16:12 pm
content: Quote from: Bored@Work on April 11, 2014, 05:05:31 pmI think 'naysayers' was the wrong word. If people understand the system and that there are no guarantees, there is no problem. I have concern about your 'brains' however since you decided to include 'potheads' when clearly that is not actually the case, or indeed at all relevant.I'm talking about the people that think it's literally preordering and there is no risk involved, who then turn around and complain about things like the change to igg's terms as if they're being shady, when they're just bringing them in line with what is actually possible in reality.

author: CanadianAvenger
author_rank: Regular Contributor
timestamp: April 14, 2014, 04:13:36 pm
content: Here's a follow-up article on the healbe that some of you might find interesting.http://pando.com/2014/04/12/healbe-hustle-the-full-story-of-how-a-failed-russian-cake-shop-owner-humiliated-indiegogo-and-took-the-crowd-for-over-1m/