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FTC Watching Kickstarter Campaigns

The Federal Trade Commission took its first consumer protection action on a crowdsourcing campaign. Erik Chevalier, an Oregon man, launched a Kickstarter campaign in 2012 to produce a board game. He raised $122,000 then stopped production on the game. The FCC fined him $111,000 but suspended the fine. http://goo.gl/HJEoai #tech

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