Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/168120
Authors: 
Karami, Moein
Cumming, Douglas
Hornuf, Lars
Schweizer, Denis
Year of Publication: 
2017
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Postersession P00-V5
Abstract: 
Using Kickstarter and Indiegogo, the two largest crowdfunding platforms, we conduct an exhaustive search of all fraud cases from 2010 through 2015. We present evidence that fraudsters in crowdfunding markets have specific characteristics: they are less likely to have engaged in prior crowdfunding activities, they are less likely to have a social media presence, and they are more likely to provide poorly worded and confusing campaign pitches.
JEL: 
G21
G24
G32
K22
L26
Document Type: 
Conference Paper

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