Gunna Drinks fizzles out, leaving crowd investors at a near £4m loss
The Leicester company behind Gunna Drinks opened a new bottling facility in early 2024 – despite the brand running on empty …
Category: Losses
Three Rivers Festival cancelled for 2025, beginning bankruptcy proceedings
FORT WAYNE, Ind. (WFFT) — Three Rivers Festival has been cancelled for 2025. Amid financial challenges and an unsuccessful crowdfunding campaign, the annual event announced it will instead begin …
Three Rivers Festival board decides event’s fate for 2025
The Three Rivers Festival won’t return this year, and its board decided today to file for bankruptcy. A crowdfunding campaign launched less than two weeks ago in hopes of raising $450,000 in public …
How GoFundMe Became a $250 Million Lifeline After the L.A. Fires
Donations on the crowdfunding site to people and fire relief efforts have exceeded those for all natural disasters worldwide last year. By Ken Bensinger and Jeremy Singer-Vine Ken Bensinger …
Nonprofits raise more money online with philanthropy-related content, study finds
A team of researchers from NYU, the University of Miami and the Albert Ludwig University of Freiburg found that nonprofit organizations raise more money via social media when focusing on philanthropy.
Family mourns the loss of teen who fell through the ice at Glasmann Pond
A family and the Ogden-area community continue to grieve the loss of 14-year-old Samuel Creel, who died after falling through the ice at Glasmann Pond on Monday afternoon. Creel and a friend were …
FBI: Beware of disaster-related scams
Last year, the FBI Internet Crime Complaint Center received more than 4,500 complaints reporting roughly $96 million in losses as a result of fraudulent charities, crowdfunding accounts and disaster r …
FBI: Be on the lookout for disaster-related scams
Last year, the FBI Internet Crime Complaint Center received more than 4,500 complaints reporting roughly $96 million in losses as a result of fraudulent charities, crowdfunding accounts and disaster r …
ABC-7 at 4: FBI El Paso warns scammers are taking advantage of the Los Angeles-area during historic wildfires
El Paso, Texas (KVIA-TV)-Scam artists are taking advantage of Los Angeles residents as the historic wildfires continue to wreak havoc on parts of southern California. Special Agent Jeanette Harper …
These Palisades natives raised over $120,000 for fire relief on GoFundMe. Now what?
The crowdfunding effort has been far more successful … including stories about the unprecedented losses, issues firefighters faced and the winds. Jan. 14, 2025 Like other well-intentioned …