The FTC is going after a failed crowdfunding campaign for the first time

kickstarter
For the first time the Federal Trade Commission is going after a failed crowdfunding campaign. “The Doom That Came to Atlantic City” launched its Kickstarter campaign in 2012 and promised an immersive board game in which players could unleash devastation on Atlantic City. The original campaign asked for $35,000 and ultimately received a whopping $122,874 from more than 1,200 backers After months of updates and unfulfilled promises from the developer of the game, it ultimately never materialized and the developer, after killing the project in July of 2013, claimed he planned to “refund everyone fully” but never actually did. The Washington Post reports…

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