May 21, 2013

JOBS Act – Scammers Delight

MarketWatch.com blogger Chuck Jaffe sees the American JOBS Act as a way for internet scam arts to lure people into CrowdFunding money for bogus projects.

Commentary:  JOBS Act benefits financial criminals [MarketWatch.com]

While this could be completely possible, should we strike down an opportunity for many startups to raise much needed funding?