The crowdfunded phone of the future was a multimillion-dollar scam - The Verge
Aug 13, 2019
https://www.theverge.com/2019/8/13/...-indiegogo-crowdfunding-phone-scam-fraud-case
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Five years later, Tschiltsch still wouldn’t have a Futurefön.
Instead, he’d be sitting in an Illinois courthouse testifying at the behest of the FBI, which claimed the device was the last step in a decade-long fraud operation that cost victims nearly $6 million.
“I always thought it was ambitious,” Tschiltsch says now.
“It didn’t occur to me that the guy had just taken the money.”
Tschiltsch is just one of many angry Indiegogo backers who say Futurefön creator Jeff Batio strung them along with lies, excuses, and faked product updates.
But the backers aren’t just angry with Batio.
They’re frustrated by how easily a scammer could flourish in the high-risk world of gadget crowdfunding — and how poorly Indiegogo was equipped to deal with it.
...
Aug 13, 2019
https://www.theverge.com/2019/8/13/...-indiegogo-crowdfunding-phone-scam-fraud-case
...
Five years later, Tschiltsch still wouldn’t have a Futurefön.
Instead, he’d be sitting in an Illinois courthouse testifying at the behest of the FBI, which claimed the device was the last step in a decade-long fraud operation that cost victims nearly $6 million.
“I always thought it was ambitious,” Tschiltsch says now.
“It didn’t occur to me that the guy had just taken the money.”
Tschiltsch is just one of many angry Indiegogo backers who say Futurefön creator Jeff Batio strung them along with lies, excuses, and faked product updates.
But the backers aren’t just angry with Batio.
They’re frustrated by how easily a scammer could flourish in the high-risk world of gadget crowdfunding — and how poorly Indiegogo was equipped to deal with it.
...