Crowd Funding Insights
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 relief campaigns.
As a result, with the ongoing fires in Los Angeles, the FBI is warning the public to be on alert for scammers soliciting charitable donations to support victims or their families.
The FDIC said the US banking system has 63 “problem banks” and is sitting on $517 billion in unrealized losses. Upward pressure on mortgage rates has significantly hurt the banking sector.
The comedy group The Whitest Kids U’ Know completed the project dealing with the loss of one of its founding members, Trevor Moore, who died in 2021.
Catherine Burgess and Jennifer Carlson, “The roots of charity: How Gendered Racialization Shapes Crowdfunding for Women and Girls Murdered by Gun Violence,” Gender & Society, 2024 A woman holding a …