The high-tech iBackpack received almost $800,000 from crowdfunding, but backers never received their bags. Now the creator is being sued by the FTC and state of Texas Article 5523 words 13 votes
Coolest Cooler, which raised $13M on Kickstarter in 2014, announces they are shutting down with about 20,000 (1/3) of their backers not having their $200 pledge fulfilled Article 611 words 17 votes
The crowdfunded Dragonfly Futurefön scammed backers for over $725,000, but was only the last step in a decade-long multi-million dollar fraud Article 3976 words 13 votes