McArthur Law Firm

Posts tagged "Fraud"

Was the Downfall of This Drone Maker Fraud or Crowdfunding Gone Wrong?

Do you know what crowdfunding is? It is the concept that a bunch of people on the internet can put their money behind a product, see it developed, and get to enjoy the finished product they paid for. It's a type of investing, which means there is inherent risk involved. Sometimes the product you invest in doesn't make it to the final stage, and investors lose their money, but is this what happened in the case of drone maker Lily?

Sperm Bank Fraud Showdown: Is the Donor Responsible?

He had just dropped out of college and he needed to earn more money. He was already working as a janitor and waiting tables, but prospects for this fresh college dropout were not looking good. So he turned to sperm donation to supplement his income, and he went to Atlanta-based Xytex Corporation to begin the process. However, this young man would soon find himself twisted in a web of lawsuits, and at least 10 families are now trying to figure if he might be responsible for the lies they were told.

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