December 2012

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Blog Entries for December 10, 2012

Misinformation Spread About Crowdfunding

By Startup Valley, Posted in Crowdfunding

Late last week, an article in Investment News reported the Commonwealth of Massachusetts accused two oil companies of performing fraudulent crowdfunding. While both gas companies took part in two different acts of fraud, they were not at all related to crowdfunding, thus projecting misinformation about a still unborn industry that received bipartisan support in the passing of the JOBS Act in April of this year. It has been reported that Prodigy Oil and Gas LLC sold $464,000 in securities that were unregiste... read more.

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