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A comment on Indiegogo to launch campaigns combining perks and equity investment. Parent comment

Re:Indiegogo to launch campaigns combining perks and equity ... by Animats on Friday January 06, 2017 @06:17PM (#13341210)
I think the concern is that before the laws limiting this went into action in the 30s, some people got fleeced for a huge chunk of what they had.

That's still a big problem. Read "The Wolves of Tel Aviv", about the "binary option" scam industry.[http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-...] About 0.7% of Israel's GDP now comes from this scam, and that's just the part that pays taxes.[http://www.globes.co.il/en/article-binary-options-worth-125b...]

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Re:Indiegogo to launch campaigns combining perks and equity ... by ericd on Sunday January 08, 2017 @03:17AM (#13348866)
Wow, they're operating like a casino with awful payout ratios, and then they don't even let you cash out? That's terrible, I hope those people get shamed thoroughly for working there.
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