[Sophos]FTC settles first crowdfunding case over deceptive Kickstarter project - but don't expect a refund

[igor51]

FTC settles first crowdfunding case over deceptive Kickstarter project - but don't expect a refund

The FTC just settled its first case involving crowdfunding against a man who pocketed $122,000 in contributions on the crowdfunding site Kickstarter without delivering the project - but he's not going to have to pay them back.
Source: FTC settles first crowdfunding case over deceptive Kickstarter project - but don't expect a refund