Washington, D.C. – President Barack Obama signs the JOBS Act – a.k.a CrowdFunding Bill – into law. 
President Obama Signs CrowdFunding Bill
April 5, 2012 by Leave a Comment
JOBS Act – Scammers Delight
March 30, 2012 by Leave a Comment
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?