I dont seem to have that good of a case as i "just" was one of the crowdfunders. you basically give up all your rights when you sign up for that, but maybe it helps if they get more complaints. i also reported them to the police. there is a way to do that online for cyber fraud in England: https://www.actionfraud.police.uk/reporting-fraud-and-cyber-crime
It’s hardly a loop hole, and it’s hardly the first time it’s happened, all the major CF sites basically tell you that if it goes tits up, you’re on your own. People have walked away with millions, without delivering a scrap of product. Who’d have thought a couple of lads giving it the big’un on social media to all that dared criticise would be chancers eh?!
The value of your investment can go down as well as up etc.
I dont seem to have that good of a case as i "just" was one of the crowdfunders. you basically give up all your rights when you sign up for that, but maybe it helps if they get more complaints. i also reported them to the police. there is a way to do that online for cyber fraud in England: https://www.actionfraud.police.uk/reporting-fraud-and-cyber-crime
Have you tried contacting a consumer rights TV show? Might be a bit late now but I recon at least one would go for it.
It’s hardly a loop hole, and it’s hardly the first time it’s happened, all the major CF sites basically tell you that if it goes tits up, you’re on your own. People have walked away with millions, without delivering a scrap of product. Who’d have thought a couple of lads giving it the big’un on social media to all that dared criticise would be chancers eh?!
The value of your investment can go down as well as up etc.
It is if they knew bout the probabilities if there venture going tits up
Especially as they treated themselves first to Ti proto types and ee wings for their own rides
Bastads who probably knew they’d get away scott free
Anyway that’s my thoughts on whole kickstarter project thing
Never would I personally pay in to one of those type things
Anyway that’s my thoughts on whole kickstarter project thing
Never would I personally pay in to one of those type things
Least of all £2k or big money ffs
I’ve done pretty well out of Kickstarter, spent more than £2k, never had a problem with stuff never arriving. But then I don’t invest in internet bellends... It’s different to indiegogo (who sick used to steal the money) in that a project has to be fully funded to get any money, so projects have to convince lots of people to get any money. With Indiegogo, what ever gets pledged, gets given. I don’t think their checks are a thorough as KS either, making it easier for folk to be duped into throwing money at a project that has got as far as the ‘we’ve done a drawing of it’ phase.
It’s not a loop hole if they tell you in advance that that is what happens, they make no secret of it, people just get all excited by the cheaper prices/getting stuff first, forgetting about the risk element.
And wanting the niche/first to get hands on the small manufactured kit. That pulls people in quick. Turn up on a boutique latest buzz bike and know people will be full of questions.