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September 13, 2015 03:03 am -04

Washington state fines a crowdfunding project for stiffing backers

Regulators have already started clamping down on crowdfunding fraud, but they're now getting those project creators to pay up when they leave backers hanging. Washington state has ordered Ed Polchlopek III to pay a total of $54,841 in fines and re...

Original Link: http://www.engadget.com/2015/09/13/washington-state-orders-crowdfunding-fraud-penalty/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget&n

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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